The agricultural consultancy strategy Grains has reduced its forecast for the rapeseed crop in the European Union from 17.59 million tons last month to 17.02 million tons.
The updated forecast is now 0.7% above the result of the previous year's harvest of 16.9 million tons (13-year low).
In April, Strategy Grains reduced its 2020 harvest forecast from 17.85 million tons to 17.59 million tons. Britain's harvest is included in the forecast until a trade agreement with the EU is signed.
Source
Hansa Terminhandel GmbH
