According to the estimates of Fediol, in July, the EU soybean processing totaled 1.26 mln tonnes, up 14% compared with the previous month (1.11 mln tonnes), and down 6% compared with July 2022 (1.31 mln tonnes) reports Apkinform.
Also, in the reporting month, the EU recorded an increase in rapeseed processing by 11% compared to June of the current year – up to 1.50 mln tonnes. However, compared to the previous year, the oilseed processing volumes are still down 4% (1.14 mln tonnes in July 2022).
On the contrary, the sunflower processing in the EU last month decreased from 517 thsd tonnes in June to 466 thsd tonnes in July, which, however, exceeded the figure of July 2022 by 43% (326 thsd tonnes).
In general, since the beginning of 2023, the processing of oilseeds in the EU countries is estimated at 22.67 mln tonnes, compared to 21.63 mln tonnes in January-July 2022.