By
Sean Poulter
19:26 EST, 28 May 2012
|
01:46 EST, 29 May 2012
Record numbers of farmers are cashing in on the soaring price of oil from rapeseed by turning over more of their fields to the crop.
The vibrant yellow flowers are now coming to dominate many parts of rural Britain.
Oil from rapeseed is commonly sold as the main ingredient in vegetable oil and used both in the home and in food production.
Booming: Growing numbers of farmers are giving up their fields for rapeseed because of the rising price of oil from the crop
Demand for the oil, known as Canola in the US, has rocketed as frosts have destroyed crops in other European countries. However, it is also benefiting from the fact that it is seen as a healthy home-grown alternative to imported olive oil.
Healthy: Rapeseed oil has less saturated fat and far more omega 3 than olive oil, and contains vitamin E
Rapeseed oil contains less saturated fat and has far more omega 3 than olive oil, and contains vitamin E. Its versatility means it can be used in to produce biodiesel, which is favoured by climate change campaigners as an alternative to crude oil.
Trade magazine The Grocer reported that the impact of the frosts on the Continent earlier this year had led some observers to predict European yields would plummet to a five-year low.
This has given UK farmers an opportunity to reap the rewards of increasing rape plantings for the third year in a row with acreage estimated to be up as much as 7 per cent on last year.
The Grocer said: ‘Look at Britain’s fields and you will see our green and pleasant land is turning a cheerful shade of yellow.’
Much of the UK crop is used by the local food industry, although some analysts are predicting strong UK yields will give farmers the opportunity to export more to Europe. Because of rising export demands, oil users in the UK claim there is little to indicate the price they are paying will drop substantially in the near future.
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And welcome to hay fever season.
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Lincolnshire is awash with bight yellow fields a truly wonderful sight ..
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Closely followed by an asthma epidemic!
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It all looks very pretty, but with all of our local farmers growing rape, where will we buy our wheat this year? Will we have to Imports grain at inflated prices with the resultant increase in the cost of bread later this year?
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Can’t stand the stuff. It’s not exactly something one can sprinkle on a salad. And I’m intolerant to it. It’s more toxic than the tasty and overall healthier sunflower and olive oils, which unfortunately manufacturers are leaving out of their products now and using cheap rapeseed oil instead, thereby reducing the flavour (and meaning I can’t eat things). I wish other oils would make a return.
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