Strategie Grains has increased the forecast of oilseeds production in the EU in 2017

In its October report, analysts Strategie Grains lowered relative to the September forecast evaluation of rapeseed production EU-28 in 2017/18 MG of 21.89 to 21.86 million tons, which is 7.5% higher than the previous season. The forecast acreage of rapeseed increased from 6.73 to 6.74 million hectares, which is 3.4% over last year, and yields increased by 4.2% to 3.25 t/ha.

Assessment of production of sunflower increased from 8.75 to 8.96 million tons, an increase of 6.7% over last year's harvest. The forecast acreage increased from 4.16 to 4.17 million tonnes, which will exceed last year's volume of crops by 1.2%. Estimation of the average yield increased from 2.1 to 2.12 t/ha, which is 3.4% higher than last year.

Forecast soybean production increased from 2.6 to 2.63 million tons that is by 5.6% more than last year's harvest. Acreage will increase from 0.97 to 0.98 million hectares, whereas the average yield in comparison with Tagore reduced by 7.9% to 2.69 t/ha.