Corn and sunflower yield estimates in Romania reduced due to drought

Published 2024년 6월 27일

Tridge summary

A forthcoming heat wave across Europe is expected to cause significant damage to spring crops in the southeast, with one week of hot weather already reducing production and two weeks potentially causing serious damage, according to analyst Vincent Braak of Strategie Grains. The European Union's crop monitoring agency, MARS, has reduced its yield estimates for Romania's corn and sunflower crops to below the five-year average due to prolonged dry weather, while western Europe, which has suffered from excessive rainfall, is expected to benefit from the warm and dry conditions. Germany, Denmark, and Poland are also expected to benefit from the hot and sunny weather.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

A heat wave that will spread across Europe this week will cause significant damage to spring crops in the southeast, analysts say. “We are approaching a critical stage. One week will already lead to a drop in production. If it's two weeks, there will be serious damage and it could happen very quickly,” said Vincent Braak, an analyst at consultancy Strategie Grains. EU crop monitoring MARS on Monday cut its yield estimates for Romania's corn and sunflower crops to below five-year average, saying prolonged dry weather makes them highly vulnerable to dry and hot conditions. In contrast, the expected warm and dry weather is welcome in the western part of the EU, where crops have been damaged by excessive and prolonged rainfall since the autumn. “French farmers will be delighted. This is what they were waiting for to increase their yield,” ...
Source: Oilworld

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