Oilseed production in Europe in the 2022/23 season will increase by 3% – USDA

In Europe, the combined harvest of the three main oilseeds – sunflower, rapeseed and soybeans – in the 2022-2023 agricultural season amounted to 31.1 million tons, which is 3% more than the previous period. Such forecasts are contained in the report of the United States Department of Agriculture (USDA).

The increase in oilseed production in the region will occur due to an increase in sown area – from 10.6 million hectares to 11.7 million hectares. At the same time, the average yield of oilseeds in Europe will be lower than last season due to hot weather in the main production regions.

The USDA notes that sunflower and soybean plantings in the EU are now at an all-time high, and rapeseed planted areas increased for the first time after a significant decline in 2019.

Tags: EU, soybean, rapeseed, sunflower