PARIS, France (Reuters) -French analyst Strategie Grains says difficult rapeseed sowings in the European Union could lower the seeded oilseed area for the 2012 crop by three percent to 28.4 million acres.
“This decline is essentially due to poor conditions at planting time in many countries (in particular Germany, Denmark, Romania and Bulgaria),” the analyst said in its monthly report.
EU grain area was expected to rise by 1.97 million acres in 2012-13 to 139.37 million acres, with durum recording the biggest increase, up about 740,000 acres at 7.17 million, as growers capitalize on its high price.
