Source: Ukragroconsult (Ukraine)
According to Fedoil, oilseed processing in the EU continued to increase in August, reaching 3.48 million tons, which is 224,000 tons (or 7%) more than in July (3.25 million tons) and more than in the same month of 2023 (3.24 million tons).
In particular, the processing of rapeseed in the indicated month reached 1.88 million tons (1.66 million tons in July; 1.49 million tons in August 2023), soybeans – 1.21 (1.14; 1.15) million tons, sunflower – 384 (448; 367) thousand tons.
Thus, the total volume of oilseed processing in the EU since the beginning of 2024 reached 26.78 million tons with a processing capacity of 31.04 million tons compared to 25.60 million tons in January-August 2023, including rapeseed – 13.32 (12.65) million tons, soybeans – 9.47 (9.55) million tons, sunflower – 3.99 (3.41) million tons.