Oilseed processing in the EU fell in April

Source:  OleoScope
подсолнечное масло

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.

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