German oil mills sell more rapeseed oil

Rapeseed-oil sales by German oil mills remained well below the figures in the same months of the previous year at the beginning of the crop year, stagnated around the turn of the year and then picked up significant pace in the second half of the crop year.

According to the German Federal Office for Agriculture and Food (BLE), German oil mills sold around 583,800 metric tons of rapeseed oil to the retail sector and commercial bottlers from July to April of the current crop year 2022-’23.

This was a 7 percent rise on the 2021-’22 reference period and up 11 percent on 2020-’21.

In the same period, 202,200 tons of rapeseed oil went to the food industry.

This was, however, down 2 percent on the reference period.

On the other hand, according to investigations conducted by Agrarmarkt Informations-Gesellschaft (mbH), foreign trade in rapeseed oil from oil mills in Germany came up trumps.

The tonnage rose 13 percent to 303,800 tons compared to the same period a year earlier and as much as 29 percent compared to 2020-’21.

Rapeseed-oil sales reached around 108,200 tons this April after peaking at 121,100 tons in March.