The German rapeseed harvest will probably be lower than average this year.
But according to the Union zur Förderung von Oel- und Proteinpflanzen (UFOP) this was not due to shrinking demand in the biodiesel industry's feedstock requirements.
In 2019, the industry produced 3.4 million tonnes of biodiesel.
Due to the poor growing conditions, the latest estimate of the German Raiffeisenverband, this year's rapeseed harvest will be around 3.2 million tonnes. This fell approximately 21% short of the five-year average.
UFOP explained that with 1 million hectares under rapeseed cultivation, the full potential of area usage was not being fully exploited.
Forward contract prices are presently at approximately €364 per tonne, about €200 per tonne higher than those for wheat.
According to the Association of the German Biofuels Industry about 3.4 million tonnes of biodiesel was produced in the country last year.
The primary feedstock was rapeseed oil – as it was in previous years – which accounted for 57%. The use of used cooking oil and fats declined just less than 2 percentage points to 25% year-on-year. The role of soybean oil, accounting for 11%, an increase from 8% in 2018.
The percentage of palm oil remained unchanged from the previous year at a relatively low 2%. Animal fats, fatty acids and other feedstocks together accounted for no more than 5%.
LATEST VIDEOHow sustainable aviation fuel (SAF) is making its way in the aviation sector
Popular News Stories