European cereal production revised downwards

The Commission has revised downwards its estimates of European production of the three main cereals. They fall to 112.6 Mt for soft wheat, 58 Mt for maize and 49.8 Mt for barley. This represents respective declines of 10% and 5.4% for soft wheat and maize compared to the 2023 harvest, and an increase of 5.4% for barley. The downward revision of European maize production is "particularly attributable to Romania", specifies Clémence Lenoir, economic research officer on major crops at FranceAgrimer. For barley, "it is linked, among other things, to the decline in production in Denmark and France". In terms of trade, European soft wheat exports are expected to fall sharply compared to the 2023/24 campaign: -29.2%, to 25 Mt. A sharp decline is also expected for corn (-38%, to 3 Mt) while barley exports would remain stable, at 10 Mt. European imports for this campaign would reach 7 Mt for soft wheat (-27% compared to 2023/24), 19 Mt for corn (stable) and 1.7 Mt for barley (-13%). "For ...