Strategie Grains predicts a recovery in the EU rapeseed and sunseed crops next year
European Union rapeseed and sunseed production should rebound sharply in 2025 after unfavorable weather conditions reduced this year’s crop, consultancy Strategie Grains said on Friday.
In its first forecasts for oilseed production next year, the company predicts an EU rapeseed crop of 18.7 million tons, up 12% from a four-year low of 16.7 million tons in 2024.
Sunseed production in 2025 is forecast at 10.5 million tons, 25% above the nine-year low of 8.4 million tons expected in 2024.
This year’s rapeseed crop has been affected by repeated heavy rains in Western Europe, while the sunflower crop has been hit by drought, heat waves and heavy rains in Southeastern Europe.
According to the Strategie Grains report, sowing conditions for the next rapeseed crop were “not ideal” due to too much or too little rainfall in the production belts, but were still better than a year ago.
Next year’s rapeseed crop is expected to be larger in Romania, France, Germany and the Baltic states, the agency said.
The consultancy did not provide further details on its outlook for rapeseed, but it had previously forecast a 4% increase in the area planted to rapeseed.
For sunflower seed, Strategie Grains also forecast an expansion in acreage as it believes farmers will be attracted by high prices due to this year’s poor harvest in Europe and the Black Sea region.
Next year, it expects sunflower acreage could reach the second highest ever recorded after 2022.
Strategie Grains’ estimate of this year’s EU sunseed crop was lower than the 8.8 million expected a month ago and the latest downgrade to the pre-harvest forecast.
Weather-induced supply is forecast to lead to a record low EU stocks-to-use ratio this season, despite weakening industrial demand linked to higher sunseed prices.
According to Strategie Grains, rapeseed stocks are also down this season, but price gains could be limited if U.S. President-elect Donald Trump imposes a proposed tariff on Canadian imports, which could depress Canadian rapeseed prices.
For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.
It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.
You are welcome to get a 7-day free demo access!!!
Read also
Join agri leaders of the Black Sea & Danube region at the 22 International Co...
Global sugar production is estimated up almost 3 mln tons
Futures for palm oil in Malaysia for the week rose by 8%, which supported the pric...
Global rapeseed acreage for the 2025 harvest will be a record – IGC
Rate of grain exports from Ukraine in November is slightly lower than last year
Write to us
Our manager will contact you soon