Rape meal consumption in the EU beat last year's record

Thanks to record deliveries against the backdrop of attractive meal prices relative to other oilseed processing products, rapeseed meal consumption in the European Union in 2023 has reached a new peak of 14.4 million tonnes, growing by 16% compared to 2022. , point to data from the authoritative German company for market analysis and forecasts Oil World, cited by the electronic publication APK-Inform. At the same time, the consumption of soybean meal and sunflower meal in the EU decreased by 5% last year. Thus, the share of rapeseed meal in EU meal consumption rose to 26% in 2023 from 23% a year earlier. In the first quarter of this year, the demand for rapeseed meal in the EU has shrunk to some extent due to the ...