Economics
EU Rapeseed Growers Eye Output Gain as Germany Boosts Acres
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Rapeseed output in the European Union, the world’s largest producer of the oilseed used in cooking and biofuels, may increase to a four-year high after German farmers planted more crops.
Total European production may rise to 20.96 million metric tons in 2013-14, up 8.8 percent from a year earlier, Brussels-based farm lobby Copa-Cogeca said in provisional estimates released Dec. 14. That would be the largest crop since the 2009-10 season, EU data show. The rapeseed harvest in Germany, the second-biggest grower in the 27-nation bloc, may climb 15 percent to 5.54 million tons, the country’s oilseed-industry association said in an e-mail Dec. 10.