Berlin, Germany
November 16, 2007
USDA/FAS GAIN report number: GM 7049
Report highlights
German rapeseed production in 2007
is estimated at 5.3 million metric tons (MT) compared to 5.34
million MT in 2006. The increase in rapeseed area was offset by
lower yields. All through 2007, rapeseed prices have been higher
than in 2006. However, in August 2007, when plantings for the
2008 rapeseed crop occurred, the gap between rapeseed and baking
wheat prices had narrowed to the extent that farmers reduced
their rapeseed planting by about 8-10 percent according to
industry estimates.
Note: This report contains updated
oilseed production numbers for 2007 recently published by the
German government.
Full report:
http://www.fas.usda.gov/gainfiles/200711/146292964.pdf
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