COCERAL estimates EU rapeseed crop on just under 21 million tonnes The umbrella organisation of the European grain and oilseed trader (COCERAL) the EU rapeseed harvest 2017 to 21 million tonnesestimated in its March issue. An estimate of the European Commission with 22 million preceded are t and of European farmers and cooperative association with 19.5 million tonnes. The previous top result in the year 2014/15 with just under 24 million t is expected in any case. Weak prior-year earnings with 19,98 million tonnes is only just exceeded. The differences are caused by the acreage and yield expectations. The Commission assumes 6.62 million ha, COPA/Cocega subordinated to 6.02 million hectares and COCERAL bases 6.43 million haearnings forecasts enough in the case of rural and co-operative organisations of COPA/CGECA of the 30.6 dt per hectare, about COCERAL 32.8 dt / ha up to the EU-com with 33.4 dt / ha. In all three cases, it is assumed that the EU processing need is not reached in a range between 24 and 25 million tonnes. Therefore is to be expected with rapeseed imports amounting to 3 to 4 million tonnes. RAPS will be expected also in the 4th consecutive year in the EU just . The rape rates are moving on the upper border of the competing products. The market leader include palm oil mainly soybean oil as a result of the large harvest in the years 2017.
