In August, the EU increased the volumes of rapeseed and sunflower processing

The European Vegetable Oil Association (FEDIOL) estimates that about 1.8 million tonnes of rapeseed were processed in EU oil mills in August, about 60% higher than in July 2022 and 8% more than recorded in August 2021.

As for soybeans, the enterprises processed about 1 million tons of oilseed, which is 20% lower than the July figures from FEDIOL.

For sunflower, the situation is similar to rapeseed: 295,000 tons of sunflower seeds were delivered to oil refineries for further processing, which is 10% more than in the previous reporting month and 56% higher than in August 2021.

In general, since the beginning of the year (January-August), 24.6 million tons of oilseeds have already been processed at European facilities, which is 2% lower than the result of the corresponding period in 2021.

Tags: rapeseed, sunflower, EU