Sunflower yield in EU will be below the annual average, according to forecast

Published 2023년 7월 25일

Tridge summary

The sunflower yield forecast in EU countries for the 2023/24 marketing year has been revised downwards due to dryer-than-usual weather conditions and warmer temperatures. Romania, the largest sunflower producer in the EU, is expected to have the largest reduction in oilseed yields. Other crops such as soft wheat, durum wheat, winter barley, corn, and rapeseed are expected to have yields in line with or above the average of the last five years. Excessive rainfall in certain countries may delay grain harvests and impact grain quality.

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

Original content

In the July MARS report, the sunflower yield forecast in the EU countries in 2023/24 MY underwent the largest downward revision - from 2.21 t/ha announced last month to 2.12 t/ha, which is also 5% lower than the average value of the last 5 years. At the same time, the largest reduction in oilseed yields is expected in Romania, which is the main sunflower producer in the European Union. Dryer-than-usual weather conditions, which have been observed in much of western, central and northern Europe, are cited by analysts as the main reason for the deterioration in yield expectations. In several of these regions, the negative impact of limited soil moisture was exacerbated by significantly warmer than usual temperatures. In addition, the lack of rains and warmer than usual weather negatively affected the development of spring barley crops, the yield forecast for which was reduced by 3% for the month, to 3.62 t/ha, which is 14% lower than the average value of the last 5 years. A more ...

Source: Oilworld