The union for the promotion of oil and protein plants (UFOP) to expend the cultivation of oilseed rape because of positive price signals. Support for the new sowing in August/September is also coming from strong demand from the biofuel sector.
The market section of the UFOP newsletter looks at the rollercoaster ride of prices against the background of last year's market supply. At the same time, an assessment is given for the new marketing year. According to this, a lower supply is to be expected in 2023/24 than in the marketing year just ended.