HULL, UNITED KINGDOM — Cargill has announced it will close its rapeseed crushing plant in Hull, United Kingdom, by the end of the year, citing “current market conditions.”
The plant has daily capacity to crush 750 tonnes of rapeseed.
Cargill has operated the facility since acquiring it from Croda Premier Oils in 1985. The facility closing will impact 36 jobs.
While rapeseed planted area in the UK is expected to increase in 2022-23, it is still well below historic levels due to the loss of pesticides, yield issues and volatile input costs, according to April's report from the Foreign Agricultural Service of the US Department of Agriculture (USDA).
Planted area is forecast to increase 17% from the previous year to 359,000 hectares, but is still down from the high of 756,000 hectares in 2012.
