The EU increased the processing of oilseed crops in 2023

In the fourth quarter of last year, the processing of oilseed crops in the European Union reached 12.2 million tons, which in general corresponds to the result of the same period in 2022, according to estimates of the authoritative German company Oil World, cited by the electronic publication APC - Inform. However, taking into account the significant growth in the first 9 months of last year, the processing of oilseeds in the EU in 2023 reached 48.2 million tons - 1.5 million tons more than in 2022 and 2 million tons more above the average for the last 5 years. The main credit for the higher result goes to canola, of which 6.38 million tonnes were processed in the 4th quarter of 2023 compared to 6.41 million tonnes in the same period of the previous year, but for last year as overall estimates are for 24.4 million ...