The revision downward was the sixth consecutive monthly reduction Strategie Grains forecast for the rapeseed crop in the EU and reiterated his expectations that this year's harvest will fall below the poor harvest of last year and will be a new low since 2006.
Company Strategie Grains increased its forecast of imports of rapeseed in the EU in the upcoming season 2020/21 to a record 6.2 million tons.
Projections of the EU Strategie Grains still include the UK in anticipation of the negotiations for new trade relations after the withdrawal of Britain from the block.
Latest monthly assessment of company Strategie Grains oilseeds in the European Union, including the UK, from 2018 to 2020.
Manufacturing 2018-19 2019-20 2020-21 (pred) 2020-21(new) Pct 2020/19
The rape of 16.68 20.04 17.01 16,54 drop 2.8%
Sunseed 9,45 9,42 9,57 9,70 +3,0%
Soy 2,67 2,66 2,75 2,73 + 2,7%
Area 2018-19 2019-20 2020-21 (pred) 2020-21 (new) Pct 2020/19
The rape of 6.92 5,56 5,44 5,43 -2,3%
Sunseed 4,10 4,26 4,30 4,31 +1,0%
Soy 0,95 0,91 0,98 0,97 +6,4%
Yield 2018-19 2019-20 2020-21 (pred) 2020-21 (new) Pct 2020/19
Rape 2,89 3,04 3,06 3.07 -0.7 PCT
Sunseed 2,31 2,21 2,22 2,25 +1,8%
Soy of 2.91 2,81 2,82 2,82 -3,1%
Translated by service "Yandex.Translation"