farmer with tablet computer in yellow rape field Germany Increased Rapeseed Oil Sales This Season There Is a Severe Shortage of Supplies on the Rapeseed Market

Germany Increased Rapeseed Oil Sales This Season

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Oil mills in Germany sold about 583,800 tons of rapeseed oil to the retail and commercial sector from July 2022 to April 2023, according to the German Federal Office of Agriculture and Food (BLE), UFOP reports.

This is up 7% from the same period in 2021/22 MY and 11% from 2020/21 MY. During the same period, 202,200 tons of rapeseed oil went to the food industry (-2% year-over-year).

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In addition, according to research conducted by Agrarmarkt Informations-Gesellschaft (mbH), the foreign trade of rapeseed oil from processing plants in Germany increased. Thus, exports reached 303,800 tons in the period, up 13% from the previous year and 29% from the same period in FY 2020/21.

Source: Apkinform

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