News last update:6 Aug 2012

EU rapeseed area at record high

The EU rapeseed area for harvest 2007 will be remarkably larger than last year. Noticeable is the increase in Romania but also Germany and France sowed more rapeseeds.

The prospect of a larger harvest is putting pressure on the prices. Speculations on smaller yields, however, raised prices again to normal level, German statistical bureau ZMP said.

In the EU-27 a harvest area of 6.2 million hectares is estimated, which is about one million more hectares that previous crop year.

The two main countries for rapeseed remain Germany and France with 1.54 million hectares and 1.56 million hectares respectively. Poland is third with 0.71 million hectares and the United Kingdom ranks fourth with 0.65 million hectares.

In the "old" EU countries the areas have already been excessively planted with rapeseed. This is not the case in the "new" countries, where there is a lot of potential.

Here Romania shows remarkable growth. In 2007 the area has increased with 330.000 hectares, which is triple compared to the 2006 area.

More important however is the planting of sunflowers in Romania with almost one million hectares, which makes the country the largest grower of sunflowers in the EU.

High harvest
When counting on an average yield the EU-27 will be able to harvest almost 19 million tonnes of rapeseed. Highest volumes will be achieved in Germany (5.8 mt) and France (5.15 mt). Harvest in Romania will be lower (600,000 t) due to lower yield.

The expected higher 2007 harvest and the high volume of rapeseed still in storage has put pressure on the price, but the draught in Europe probably will lower harvest volumes and prices will stabilise again on normal levels.

Editor AllAboutFeed

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