Analysts changed forecasts for oilseed yields in the EU

Experts have lowered estimates of oilseed yields in the current agricultural year (for these crops lasts from September to the end of August of each calendar year) for two and increased for one crop. This was reported in the August report of the analytical agency MARS. Yield prospects for soybeans are reduced from 2.86 tons per hectare in July to 2.82, and for rapeseed - from 3.2 to 3.19. Different countries have their own reasons for downgrading. For example, in the north of Italy, as well as in Slovenia and Croatia, heavy rains and hail became the reasons. They also seriously slowed down the pace of cleaning. In addition, a similar situation is noted in the north-west of France, most of Germany and in the Benelux countries. In contrast, in Bulgaria, Poland, Romania and the Czech Republic, the adjustment was affected by heat waves and drought. In 2023-24, the world is expected to have the smallest flax crop in 5 years At the same time, the sunflower yield forecast has been ...