The European Commission and Strategie Grains have lowered their forecasts for the harvest of wheat, corn, rapeseed and sunflower for the EU

게시됨 2024년 7월 31일

Tridge 요약

The European Commission forecasts a 2% decrease in grain crop production in 2024/25 due to drought, with soft wheat production expected to decrease by 1% and corn by 11%. Adverse weather conditions have also led to reduced forecasts for rapeseed and sunflower harvest, with Romania, Bulgaria, and Hungary expected to see decreases in rapeseed production. The European Commission has lowered its forecast for rapeseed production to 18.38 million tons and sunflower to 9.65 million tons, while soybean harvest forecast remains at 2.99 million tons. Despite an increased import forecast, Strategie Grains estimates that EU stocks of rapeseed and sunflower will be limited, potentially leading to higher prices for these crops.

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원본 콘텐츠

The European Commission predicts that in 2024/25, as a result of the drought in some regions of Europe, the production of grain crops will decrease by 2% compared to the previous season to 279 million tons, in particular soft wheat - by 1% to 127 million tons (which will correspond to an average of 5 -annual indicator), and corn - by 11% to 60 million tons (2% will exceed the average 5-year indicator). Strategie Grains experts have again lowered their forecasts for the EU rapeseed and sunflower harvest due to adverse weather conditions. The estimate of rapeseed production has been lowered for the third time in a row, this time from 17.8 (in June) to 17.27 million tons, which will be 14% less than last year's harvest. Production in Germany, the Czech Republic, Poland, Hungary and Romania will decrease due to both a reduction in the area sown and low yields. In France, as a result of long rains, the rape crop may decrease by 8%. In general, rapeseed harvesting is almost complete in ...

출처: Graintrade