Drought: Hungary in the death zone

Published 2024년 8월 27일

Tridge summary

European analysts have revised the crop expectations for July down by 3 percent due to satellite images, with most plants having lower yields than the five-year average. However, spring barley, dry beans, and silage corn have surpassed expectations. At the EU level, soybean yield is around the five-year average, while sunflower yield is 5 percent below. The weather conditions in Europe have also impacted the crop results, with some areas experiencing very dry conditions and others heavy rainfall, leading to reduced yields for corn and rapeseed. The weather has also negatively affected spring-sown crops in Southeast Europe, and drought in Ukraine and Russia's grain-producing regions. The longer-term weather forecast predicts a warm autumn with potentially less rainfall in the Balkans and more in North-West Europe.

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

Original content

Seeing the satellite images, the European analysts typically had to adjust the expectations for July down by 3 percent, but the results of the already harvested plants were also reduced by roughly the same amount. The expected yield of most plants is already below the five-year average. Exceptions are spring barley, which produced an average yield of 5 tons, which exceeded this by 9 percent, dry beans, which with an average of 2.8 tons showed a 4 percent better result than in previous years, and silage corn, which with an average of 42.7 t/ha 3 can show a percentage plus. At EU level, the expected yield of soybeans is still around the five-year average, analysts expect a result of 2.75 t/ha, on the other hand, the average yield of sunflower, which is expected to be 2 tons, is 5 percent below the five-year average. The expected average yield of corn at 7 t/ha represents a 4 percent yield loss compared to previous years. According to analysts' estimates, our country's crop averages ...

Source: MezoHir