Berlin, Germany
March 2, 2007
USDA/FAS GAIN report GM 7007
Report Highlights
German winter rapeseed area for harvest in 2007 is estimated at
1.5 million hectares (ha) compared to 1.4 million ha in 2006.
The increase in biodiesel production capacity in Germany has
resulted in higher rapeseed oil prices and triggered an increase
in crushing capacity. This translates into higher rapeseed
prices and poses a strong incentive for farmers to expand their
rapeseed area. The increase in rapeseed area is expected to
result in a reduction of summer crops to be planted in Spring
2007 and voluntary fallow. The German Federal Office of
Statistics reports the preliminary final 2006 rapeseed
production at 5.3 million MT, a 5.3 percent increase over 2005.
Full report:
http://www.fas.usda.gov/gainfiles/200702/146280269.pdf
|
