Oilseed processing in the EU fell in April

The European Association of Vegetable Oil Producers (FEDIOL) has calculated that in April 2024, EU oil extraction plants processed just over 3.33 million tons of oilseeds – this is about 7% below the level of the last reporting month. Overall, the figure has risen since the beginning of the year (January-April), to 13.694 million tons compared to 13.055 million tons in the same period in 2023.

As for rapeseed, local enterprises processed 1.632 million tons of this crop in April (-3% vs. March 2024) and 6.813 million tons this year (+4% vs. January-April 2023).

At the same time, soybean processing volumes also sagged last month, by about 15% to 1.157 million tons. Since the beginning of the year, there has been an increase of more than 2.5% to 4.738 million tons.

The situation with sunflower is the opposite: an increase from month to month is recorded. In April 2024, 547 thousand tons of sunflower seeds were delivered to the processing plants for further processing, which is 3% more than a month earlier. Since the beginning of the year, the figures have increased significantly – by 13%, to 2.143 million tons.

Tags: rapeseed, EU