November 13, 2013

EU rapeseed acreage down 1%

The total oilseed area in the 28-country EU would fall 2% to 11.9 million hectares, while the area sown with rapeseed for the 2014 harvest in the EU will fall 1% from this year to 6.6 million hectares.

Sunseed crops would also lose area, with Strategie Grains expecting a 3% decrease to 4.4 million hectares.

Strategie Grains monthly oilseed report stated that it expect a slight decrease in oilseeds' area due to lower gross margins compared with last year, and to better soft wheat gross margins than rapeseed's.

"However, good conditions for the establishment of winter rapeseed this fall should limit the decline in rapeseed area."

Strategie Grains said its estimates were liable to be revised significantly depending on winter crop losses and weather and price conditions for spring sowing.