AIRLINK 76.15 Increased By ▲ 1.75 (2.35%)
BOP 4.86 Decreased By ▼ -0.09 (-1.82%)
CNERGY 4.31 Decreased By ▼ -0.03 (-0.69%)
DFML 46.65 Increased By ▲ 1.92 (4.29%)
DGKC 89.25 Increased By ▲ 1.98 (2.27%)
FCCL 23.48 Increased By ▲ 0.58 (2.53%)
FFBL 33.36 Increased By ▲ 1.71 (5.4%)
FFL 9.35 Decreased By ▼ -0.01 (-0.11%)
GGL 10.10 No Change ▼ 0.00 (0%)
HASCOL 6.66 Decreased By ▼ -0.11 (-1.62%)
HBL 113.77 Increased By ▲ 0.17 (0.15%)
HUBC 143.90 Increased By ▲ 3.75 (2.68%)
HUMNL 11.85 Decreased By ▼ -0.06 (-0.5%)
KEL 4.99 Increased By ▲ 0.12 (2.46%)
KOSM 4.40 No Change ▼ 0.00 (0%)
MLCF 38.50 Increased By ▲ 0.10 (0.26%)
OGDC 133.70 Increased By ▲ 0.90 (0.68%)
PAEL 25.39 Increased By ▲ 0.94 (3.84%)
PIBTL 6.75 Increased By ▲ 0.22 (3.37%)
PPL 120.01 Increased By ▲ 0.37 (0.31%)
PRL 26.16 Increased By ▲ 0.28 (1.08%)
PTC 13.89 Increased By ▲ 0.14 (1.02%)
SEARL 57.50 Increased By ▲ 0.25 (0.44%)
SNGP 66.30 Decreased By ▼ -0.10 (-0.15%)
SSGC 10.10 Decreased By ▼ -0.05 (-0.49%)
TELE 8.10 Increased By ▲ 0.15 (1.89%)
TPLP 10.61 Decreased By ▼ -0.03 (-0.28%)
TRG 62.80 Increased By ▲ 1.14 (1.85%)
UNITY 26.95 Increased By ▲ 0.32 (1.2%)
WTL 1.34 Decreased By ▼ -0.02 (-1.47%)
BR100 7,958 Increased By 122.7 (1.57%)
BR30 25,727 Increased By 396.8 (1.57%)
KSE100 75,878 Increased By 1000.4 (1.34%)
KSE30 24,343 Increased By 355.2 (1.48%)

Although European demand for rapeseed is growing to make biodiesel fuel, European farmers were not able to increase their winter rapeseed plantings for 2004/05 because of poor weather, the US Agriculture Department said on Wednesday.
"Public forecasts for three countries, France (SCEES), Germany (UFOP) and Denmark (NYT), indicate virtually unchanged winter rapeseed area compared to 2003," the USDA's Foreign Agricultural Service said in a special report.
Germany, France and the UK are the largest rapeseed producers in the European Union.
Public planting figures for the UK will not be available until later this spring. But in 2003/04, British farmers planted a record amount of rapeseed, the USDA said.
However, the UK National Farmers Union said that 30 percent of winter rapeseed fields planted during autumn 2003 had poor germination, and may need to be replanted with another crop, the USDA report said.
Winter rapeseed has a narrow planting window from late August to early September.
In 2003/04, the European Union is estimated to produce 9.46 million tonnes of rapeseed, up from 9.29 million the previous year, the USDA said.
Sunflower-seed production is estimated to be 2.54 million tons, nearly 0.22 million lower than 2002/03, it said.
Soybean area was roughly unchanged from last year, but below-average yields reduced production to 0.66 million tons, the lowest level since the European Union became a 15-member club in 1995, the USDA report said.

Copyright Reuters, 2004

Comments

Comments are closed.