Oilseeds harvest in the EU-27 should increase slightly

Published 2020년 8월 18일

Tridge summary

The EU Commission's forecast for 2020 shows a slight increase in oil country production by nearly three percent compared to the previous year, although it remains four percent below the long-term mean. The positive trends are largely driven by a strong performance in sunflower seed production, with a two percent area expansion and a yield increase of six percent, leading to a record harvest of 10.8 million tons. Despite favorable sowing conditions and land redesignations, the rapeseed harvest is expected to show only marginal growth, while soybean production is projected to decrease by one percent due to anticipated lower yields, despite a one percent increase in cultivation area.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The EU Commission estimates the production of oil countries in 2020 at 29 million tons, which is almost three percent above the previous year's level. The long-term mean is still missed by around four percent. The harvest plus for sunflower seeds is particularly strong. This is based both on an area expansion of two percent and an increase in yield of six percent compared to the previous year. Therefore, with 10.8 million tons, almost eight percent more sunflower seeds are likely to be harvested from the fields, thus reaching a record level. The strong increase in harvest in sunflower cultivation is based on the favorable sowing conditions and land redesignations. In terms of volume, sunflower seeds are the second most important oilseed in the EU-27. In 2020, as in previous years, rapeseed will account for the largest share of production. At 15.4 million tons, threshing is likely to be only marginally more than in the previous year. Although the sowing area is slightly ...

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