A very bad year for cereals in the EU

Published 2024년 7월 11일

Tridge summary

Cereal production in the European Union is projected to decline by 4.7% in 2024, with an output of 257.3 million tonnes due to reduced yields and sown areas. Wheat and barley production have notably decreased, while corn remains stable and oats have increased. Severe droughts in southern Europe are exacerbating the situation, although Spain has seen a production increase. The outlook for oilseeds is stable with higher yields despite a slight decrease in area. Globally, the FAO has adjusted cereal production forecasts slightly upwards to 2,840 million tonnes. Copa-Cogeca warns that adverse weather conditions could further worsen the situation.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

2024 will be a very bad year for cereals in the European Union - with lower yields from less planted area, according to data from Copa-Cogeca - Europe's largest agricultural organisation. Its experts warn that the situation could further deteriorate in the coming weeks. Cereal production in the EU is set to reach 257.3 million tonnes, down 4.7 percent from the harvest in what is considered to be a weak 2023. Yields are down 1.2 percent and sown areas down 3. 5%. The production of wheat and barley decreased significantly (respectively by 6.3% and 9%), corn was stable, and there was even a significant increase in oats. Forecasts for the harvest of grain and oil crops in the EU have been lowered Maize is the main victim of the severe drought in the southern parts of Europe In most northern, central and eastern countries in the EU, there is a decline in the production of cereals, while in Spain there is an increase of 3 million tons, writes BTA. In our country, the Minister of ...

Source: Money