EU-27 yield forecast revised downwards for most crops

Published 2024년 7월 24일

Tridge summary

The European Union's crop monitoring service, MARS, has released its July forecast for the EU-27, indicating reduced yield forecasts for most crops due to extreme weather conditions. Major crops like maize, rapeseed, and sunflowers are below their five-year average, although spring barley has shown improvement. While soft wheat yield has slightly increased, yields for rapeseed, sunflower, and maize have decreased. Heavy rainfall in Germany and France has led to flooding and pest issues, and hot weather in south-central and southeast Europe has negatively impacted summer crops. Warmer-than-usual weather in Russia and Ukraine is also a concern. Although projected rainfall could improve conditions, long-range forecasts predict warmer temperatures, which may benefit some regions but cause heat stress in others. Given the EU's significant role in global cereal availability, these developments are noteworthy.

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

Original content

Sign up to receive the Weekly Market Report and Grain Market Daily from AHDB. The European Union crop monitoring service, MARS, released its July crop yield forecast for the EU-27 on Monday. Due to ongoing extreme weather, yield forecasts for most crops have been reduced, continuing a trend seen in recent months. The report indicates that several major crops, including maize, rapeseed, and sunflowers, are below their five-year average. However, spring barley has improved the most, with yields now estimated at 4.44 t/ha, up from the five-year average of 4.08 t/ha. This is due to good weather in Spain and northern Europe. Regarding monthly changes, the yield forecast for soft wheat slightly increased to 5.87 t/ha from 5.86 t/ha in June. On the other hand, the rapeseed yield estimate decreased to 3.10 t/ha from 3.16 t/ha last month. Sunflower and maize yields were trimmed the most this month, decreasing by 5% and 4% respectively. This decline is mainly due to low rainfall and high ...

Source: Ahdb