Tridge summary
In 2021, France saw a significant increase in soybean yield, reaching 29 q / ha, which is a 33.4% rise from the previous year and a 13% increase from the five-year average, despite challenges such as emergence losses and harsh harvest conditions in certain regions. This surge is largely due to favorable weather conditions and a stable sanitary environment, even though the cultivation area decreased by 16.5% to 157,000 ha. Despite the setbacks, the sector is poised for growth in the future, with expectations to recover and surpass previous levels, driven by higher prices for non-GMO soybean meal in Europe, environmental benefits like reduced nitrogen use, and the CAP reform's support for the sector. Additionally, the growing preference for soybeans among young consumers, as highlighted by a Credoc study, points towards a promising future for the sustainable expansion of soybean cultivation in France, with a target of 250,000 ha by 2025.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
According to Terres Inovia, the national average yield is 29 q / ha in 2021, up 33.4% compared to 2020 and 13% compared to the five-year average. Despite losses at emergence, especially in the West and the South and difficult harvest conditions in the North, soybeans benefited from favorable weather and a controlled sanitary context. The only downside: the areas fell by 16.5%, falling to 157,000 ha. All economic indicators in the green Terres Inovia expects to reverse the trend as soon as seedlings 2022, thanks to the squeeze in prices and charges, especially favorable to soybeans. Market tension on imported non-GMO soybean meal is very strong in Europe. Thus, the price difference between 48% soybean meal (protein) of non-GMO import and standard (i.e. GMO) exceeds +450 € / t over the current campaign 2021/2022 then that it was between +100 and +150 € / t of cake between 2012 and 2020. On the feed side, soybeans bypass nitrogen fertilizers, while corn that succeeds it can save 30 ...
Source: Pleinchamp
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