European soy production increases by 8 percent

Published 2024년 12월 5일

Tridge summary

European soybean production is expected to surpass last year's records with the inclusion of Ukraine, which is set to increase its production by 25 percent to 5.9 million tonnes. Despite challenges like disappointing yields due to extreme weather conditions in Central and eastern Europe, which have resulted in a 3.4 percent decrease in the total soybean harvest to less than 2.8 million tons, the expanded area in Ukraine and other countries like Germany, thanks to new cultivation varieties, are expected to offset these losses, leading to a EU soybean harvest over 13 million tons.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

After a dip in 2020, European soybean production is on the rise again. Last year, there was already a big jump; production rose from 9.8 million to 12.1 million tonnes. This year, the area – and therefore also the production – has increased further. Ukraine in particular is making a major contribution to the increase in soybean production in the European Union this year. According to Donau Soja, production in the country is increasing by almost 25 percent to 5.9 million tonnes. This means that cultivation in Ukraine has more than doubled compared to 2020. The total European area is 10 percent higher this year than a year earlier, at 1.15 million hectares. Disappointing yields Soybean growers in the European Union had to deal with disappointing yields this year. This applies in particular to growers in Central Europe and in the east of the European Union. Heat and drought have halved yields in Serbia and Romania. The total soybean harvest in the European Union has fallen by 3.4 ...
Source: Nieuwe Oogst

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