Oil World Increases EU Rapeseed Crop Estimate

With the EU-27 rapeseed harvest done and dusted, Oil World have increased their production estimate to 21.1 MMT, 0.8 MMT up from their previous forecast of 20.3 MMT and 11.6% higher than the 18.9 MMT produced in 2008/09.

Output in Europe's largest producer Germany is now seen at 6.3 MMT (5.2 MMT in 2008/09).

Elsewhere, in France production is now pegged at 5.6 MMT (4.7); in Poland at 2.4 MMT (2.1), in the UK at 1.9 MMT (2.0), and in the Czech Republic at 1.1 MMT (1.1).