According to the German agricultural agency Agrarmarkt Informations-Gesellschaft mbH (AMI), there are two main reasons for this sharp decline: firstly, lower oilseed yields due to the expected El Niño weather phenomenon, and secondly, a partial reduction in the area under the crop.
AMI experts also noted that high harvests in recent years have led to overstocking of storage capacity and, as a result, problems with the quality of oilseeds.
“Nevertheless, the prospects of high profitability served as a sufficient incentive for rapeseed producers, as a result of which only low-yield lands in arid areas were withdrawn from crop rotation,” the agency added.