EU-28: Oilseeds and Products Annual
MY 2019/20 is characterized by a very tight rapeseed situation. Total European Union (EU) oilseeds area in MY 2019/20 is forecast to decline by over eight percent primarily due to an 18 percent decrease in rapeseed area, which can only be partially offset by increasing soybean and sunflower area. As a result of an improved return to more average rapeseed yields , production of total oilseeds should not decline as much as acreage. Overall oilseeds and especially rapeseed stocks are expected to be down significantly by the end of the out-year. A shrinking livestock sector and high domestic supply of grains fuel expectations for declining demand and lower feed use of oilseed meals. High olive oil supply is expected to increase the olive oil share in food consumption. A list of those maximum residue levels (MRLs) that are up for review on major oilseeds is included at the end of the report.
