Coceral updated milling wheat crop forecast for EU

Published 2024년 9월 23일

Tridge summary

Coceral has revised its milling wheat crop forecast down by 7.7 million tons to 114.9 million tons due to adverse weather conditions during the planting and spring seasons. The most significant decreases were in France and Germany, with reductions of 4.1 million tons and 1.8 million tons, respectively. Other countries like Belgium, Denmark, and Sweden also experienced cuts in their forecasts. UkrAgroConsult, a leading agency in agri markets, offers an online platform, AgriSupp, for market intelligence on grains and oilseeds, providing operational information and analytical reports for the Black Sea & Danube markets.

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

Original content

Coceral has updated its milling wheat crop forecast, which has been reduced by 7.7 million tons, from 122.6 million tons in June to 114.9 million tons in September. Relative to last year, the drop in the harvest will be 11.5 million tons. The biggest decline was in France -4.1 million tons against the June forecast, and Germany -1.8 million tons. Both countries were hit by reduced winter acreage due to prolonged rains during the 2023 planting campaign, as well as rain and lack of sunshine in the spring of 2024 in western Europe. Belgium -0.4 million tons, Denmark -0.4 million tons and Sweden -0.37 million tons were also affected by sharp forecast cuts. For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp. It is a ...

Source: UkrAgroConsult