AfterDark

By AfterDark

The Profit for Oilseed rape .. is a no-brainer

The fields these days are all turning yellow Everywhere.. and I wondered Why.. So much Oilseed rape..

On: 29 May 2012 the BBC reported this:
But whereas in the past the crop has been largely functional - and has not made farmers much money - in recent years it has become hugely profitable, she says.

"Forward prices for the current crop are as high as £388 per tonne, which compares to £240 in 2010, which is a huge rise in profitability."

When compared with the profit on other break crops such as beans, "using rapeseed oil is a no-brainer", she adds.

the Forecast price for May 2014 is... 331.6 £/per.ton. that's still pretty good huh. !

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