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Forecast for the EU oilseed crop is not without optimism

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Consulting Agency UkrAgroConsult

UkrAgroConsult

The European grain traders association COCERAL for the first time published its forecast for the 2020 oilseed crop in the EU-27, UkrAgroConsult reports.

The total crop is expected to rise to 29.8 MMT (+1.5% from 2019) due to an oilseed acreage expansion to 10.9 Ml ha (+0.8%) along with a yield increase to 2.71 MT/ha (+0.7%).

The total rapeseed crop will climb to 15.8 MMT (15.0 MMT last year) and that of soybeans will reach 3 MMT (2.8 MMT). The sunflower seed crop will decrease to 9.6 MMT (9.8 MMT).

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UkrAgroConsult

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