The IGC forecasts a decline of rape production in 2019

according to a new forecast IGC, in 2019, the acreage under rapeseed will remain almost unchanged because the reduction in comparison with the previous season, the sowing area of rapeseed in the EU from 6.6 to 5.8 million hectares will be offset by an increase of the sowing areas in Ukraine from 1 to 1.2 mln ha, in Russia – from 1.4 to 1.6 million hectares, in Canada, from 9 to 9.3 million hectares.

of sowing Area of rapeseed in the EU will be the least in 12 years, the condition of crops is also not the best, therefore, to predict the yield of rapeseed in 2019 difficult. Reduction of rapeseed production in the EU will reduce total world oilseed production next season, as the average yield of rapeseed in Ukraine, Russia and Canada are much lower than in the EU.

In Ukraine, rapeseed sowing areas increased to 1.3 million hectares, and the good condition of the crops gives hope for harvesting within 3 million tons In Russia, the sown area under spring rape will increase to 1.6 million hectares, but the crop will depend on the weather conditions.

After the abolition of public funding in 2019/20 Mr China will reduce the acreage under rapeseed from 6.5 to 6.3 million hectares.

a reduction In sentences of prices for rapeseed on Euronext rose to 377,25 €/t or 430 $/t and may soon reach 380 €/t for the support of markets for soybeans and vegetable oils.

to Support the prices can the European Commission's decision on restriction from February 1, the use of palm oil in biofuel production. Debate about reducing the use of imported palm and soybean oil in the production of biofuels is still ongoing.

the Union for promotion of oilseeds and protein plants (UFOP) calls on the Commission to create the conditions for the cultivation of rapeseed in the EU, as an important source of protein, non-GMO, and is attractive to pollinating insects flowering plants in the crop rotation.

On the background of the revision of the Directive on renewable energy UFOP expects that the use of palm oil in the production of biofuels in 2019 will be significantly reduced and gradually stopped. It should be legally enshrined in the act which will be submitted to the European Commission to 01.02.2019 the city, as quickly as possible to create restrictions for import of palm oil in the EU.