German rapeseed meal exports sharply declining

Published Jul 28, 2022

Tridge summary

Germany's rapeseed meal exports have seen a 22% decrease from the previous year, reaching the lowest level in three years with a volume of 1.5 million tonnes from July 2021 to May 2022. This decline is attributed to both lower production by German oil mills and high market prices, making it less appealing for international buyers. While traditional markets like the Netherlands, Spain, and France have reduced their imports, countries such as Denmark, Finland, and Switzerland have increased their orders. The Union for the Promotion of Oil and Protein Plants e.V. (UFOP) highlights that this domestic feed is crucial for dairy cattle, especially with concerns about potential reductions in biofuels from cultivated biomass. UFOP is advocating for the continued processing of rapeseed into biodiesel to ensure the supply of this feed protein.

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Original content

07/28/2022 | 11:37:00 | ID: 33708 | Department: Agriculture | agricultural economics Berlin (agrar-PR) - Germany's rapeseed meal exports missed the record volume of the same period last year by 22%. Main customers such as the Netherlands, Spain and France imported significantly less, while Denmark, Finland and Switzerland ordered more extensively. Overall, according to the Federal Statistical Office of From July 2021 to May 2022, a good 1.5 million tonnes of rapeseed meal were exported, around 22% less than in the same period last year. It's the smallest amount in 3 years. On the one hand, this was due to the lower availability. In the period mentioned, German oil mills produced around 5.5% less, at 4.8 million t, which limited the export potential. On the other hand, the comparatively high market prices slowed down the interest in buying from abroad. From October 2021 to May 2022, the protein in rapeseed meal was more expensive or the same price as protein from GMO soy meal. In ...

Source: Agrar