The forecast for the EU cereal harvest worsens due to drought

Published 2023년 10월 12일

Tridge summary

The European Cereals Association (COCERAL) has lowered its forecast for the EU-27 + UK cereal crop in 2023 to 289.8 million tonnes, citing a greater impact of early drought in the northern part of the EU than expected. Wheat production is expected to decrease to 141.0 million tonnes, while barley production is forecasted to reach 54.7 million tonnes. The corn crop is expected to increase to 60.8 million tonnes, with France, Germany, Italy, Hungary, Romania, and Bulgaria expected to see larger maize crops after being hit by severe drought and heat in 2022.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The European Cereals Association (COCERAL) estimates the total EU-27 + UK cereal crop at 289.8 million tonnes in its fourth forecast for the 2023 crop, down from 296.7 million tonnes in the forecast in June and is approaching the 2022 harvest of 290.1 ​​million tons, COCERAL reported. The main reason for the deterioration of the forecast is that the early drought in the northern part of the EU had a greater impact than expected. Harvest forecasts were significantly reduced for Germany, Bulgaria, Denmark, Sweden, Finland and Latvia. Wheat production (excluding durum wheat) is expected to be 141.0 million tonnes, down from 142.4 million tonnes in the last forecast and significantly less than the 143.6 million tonnes produced in 2022. EU-27+UK barley production in 2023 is forecast to reach 54.7 million tonnes, also down from June's forecast of 56.6 million tonnes and down from 58.6 million tonnes of barley harvested in 2022. The corn crop is now expected to be 60.8 million tons, up ...
Source: Agrozona

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