Ölsaaten Cockpit, 09.08.2019

The weak oilseed rape yields in 2018 and the disappointing price trend after the harvest, but above all the dryness in large parts of the Federal Republic during the winter rape sowing, has led many farmers to sow less rapeseed for the 2019 harvest. This is reflected in the data of the Federal Statistical Office. The winter rape area in 2019 has shrunk by 30% to 857,500 ha compared to the previous year. After all, an average yield of an estimated 33.8 dt / ha is again larger than in the exceptionally weak previous year, but does not reach normal years. Deficiencies in soil water supply and heat waves in June and July have disrupted plant development and yield formation. There are also reports of low oil contents. Even if the yields are higher than in the previous year, they do not necessarily mean a greater oil yield. The sharp reductions in space of almost a third can not be offset by the slightly higher yields. According to the Federal Statistical Office, the German rapeseed harvest should reach around 2.9 million t in 2019.The previous year would thus be missed by 21%, the long-term funds even by 41%. The already weak previous year's harvest did not affect the market as expected in the financial year 2018/19; Price increases did not materialize or were temporary. In 2019/20, the rapeseed harvest will be much smaller, the gap in the domestic supply correspondingly larger, which speaks for price increase, there would not be the Ukraine, which already in the previous year, significant quantities of rapeseed delivered to Germany and this season with an even larger supply ready.