EU Commission: EU rapeseed harvest 2017 to 21.9 million tonnes - significant estimation differences For the large cultivation areas The EU Commission has estimated at the end of May 2017 an EU rapeseed harvest of 21.9 million tonnes. On a slightly larger cultivation area compared with the previous year, the increase is mainly due to earnings growth of 30.3 dt / ha in the previous year to 32.2 dt / ha.About two-thirds of the rape harvesting is achieved in 4 large cultivation areas . In France , a 20% higher harvest of EUR 5.17 million is to be achieved compared to the weak previous year. T can be achieved. In its forecast at the end of May, the umbrella organization of the European grain and oil seed traders (COCERAL) only achieved a lower result of 4.9 million tonnes. The Commission estimates the German harvest to be 4.71 million tonnes. COCERAL, on the other hand, predicts only 4.53 million tonnes. The German Raiffeisenverband recently issued a forecast of 4.68 million tonnes. The EU Commission is planning to increase the Polish rapeseed harvest by 15% to 2.55 million tonnes . On the other hand, COCERAL estimates 2.8 million tonnes.In this case, the issue of actual cold damage will still play a decisive role. The rapeseed harvest in Great Britain is estimated at 2.05 million tonnes. In its surveys, COCERAL has determined an order of magnitude of 1.95 million tonnes. There are only minor differences between the other rap producers in the EU. Subject to the actual harvest results, the rapeseed supply in the EU is only slightly improved compared with the previous year. With an anticipated rapeseed consumption of 25 million tonnes, an import demand of approx. 3.5 million tonnes.The EU rape harvest could still be good for some surprises . In particular, the cold wave could have caused damage which has not yet been fully recognized in its scope. Despite the tight supply situation, the rap prices remain integrated into the competition to the Market-leading products such as soya and palm oil. The global market for vegetable oils is well above average; Correspondingly low are the prices.
