European Union's cereal production will grow by 3% in 2024/25

The European Commission's projections for the 2024/25 cereal campaign point to an increase in community production of 3% compared to the current campaign, which would reach 278.4 million tons. The increase would be mainly due to the increase in corn production, derived from a larger area, and the improvement in yields expected in the case of barley and durum wheat. For common wheat, a decrease in the area is estimated due to the difficult weather conditions during the planting season in different producing areas of the EU. Regarding consumption, the Commission estimates that it will remain quite stable compared to the current 2023/24 campaign. In its latest report on short-term market prospects, it refers to the demand for the current campaign, which will grow slightly compared to the previous one (255,062 million tons) despite the fact that the volume destined for animal feed will grow by just 0. ,3%; This evolution reflects, according to Brussels, the stagnation of EU animal ...