Early harvest forecast present promising figures

In comparison to the disappointing rapeseed year 2019, farmers keep believing on the profit potential of rapeseed and increased their rapeseed acreage up to 952.700 hectares (vs. 852.800 ha in 2019, + 12 %). Of course, the mild winter supported especially the rapeseed fields in East Germany, where many fields struggled with the tough germination conditions. The last crop estimation of the German Raiffeisen association from the beginning of March 2020 presented an estimated yield forecast for harvest 2020 with 3,6 t/ha and based on that a possible rapeseed production of 3.44 mill. tons (+22 % vs. 2019).