Coceral significantly cut the forecast for the total production of cereals in the EU and UK

Published Sep 21, 2022

Tridge summary

Coceral experts have lowered the grain production forecast for the EU and UK in 2022/23 by 21.1 million tons due to hot and dry weather, particularly affecting corn production in several countries. The corn production forecast has been reduced by 14.1 million tons, and forecasts for soft wheat, durum wheat, barley, rye, and oats have also been revised downward. The overall forecast for oilseed production in the EU has been reduced, but the rapeseed crop forecast has been raised.

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

Original content

Experts from the grain trade association Coceral have reduced the overall forecast for grain production in the EU and the UK in 2022/23 MY by 21.1 million tons compared to the previous May figure - to 264.6 million tons (-23.2 million tons per year). The decrease in the forecast is due to a significant reduction in the forecast for corn production - by 14.1 million tons, to 51.9 million tons (70.2 million tons harvested in 2021/22 MY) due to hot and dry weather during pollination, in particular in Hungary , Romania, France, Italy and Germany. At the same time, Poland is expected to harvest more than 7 million tons of corn and become the third largest corn producer in the EU after France and Romania. The assessment of soft wheat harvest was also reduced by 1.8 million tons, to 125.6 million tons (-3.8 million tons per year), and durum wheat - by 0.5 million tons, to 7.2 (-0, 6) million tons. The forecast for the gross harvest of barley was revised downward by 0.7 million tons - to ...

Source: Zol