EU sees soft wheat production falling to four-year low in 2024/25

Published 2024년 3월 29일

Tridge summary

The European Commission has projected a significant downturn in the European Union's main wheat crop for the 2024/25 season, with expectations of it reaching a four-year low. This decline, nearly 4% lower than the current season's production, is attributed to reduced planting areas in major producers like France and Germany, impacted by heavy rainfall. Despite this, soft wheat exports are expected to remain stable at 31.0 million metric tons. The forecast also anticipates a decrease in imports, especially from Ukraine, leading to a notable drop in end-of-season soft wheat stocks. Additionally, while barley production is set to rebound and maize output to increase, slight decreases are expected in rapeseed production and palm oil imports.

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

Original content

The European Commission forecast that the European Union’s main wheat crop will fall to a four-year low in 2024/25 due to a drop in the planted area. In its first supply-and-demandprojections for next season, the Commission projected that usable production of common wheat, or soft wheat, in the EU will reach 120.8 million metrictons, down nearly 4% from this season and the lowest level since 2020/21. Like four years ago, planting of wheat in Europe has been disrupted by heavy rain , including in top EU producers France and Germany. The Commission estimated the soft wheat area in the EU at 20.95 million hectares, down from 21.75 million in 2023/24, while the average yield was projected unchanged from this season at 6 tons per hectare. EU soft wheat exports in 2024/25 were pegged at 31.0 million metric tons, unchanged from the volume expected in 2023/24. Imports have become a flashpoint in the EU due to an influx of Ukrainian grain ; the Commission projected that inflows of soft ...

Source: Hellenic Shipping News