EU grain harvest for MY 2023/24 and forecasts for MY 2024/25 from Copa-Cogeca

Published 2024년 8월 5일

Tridge summary

The Copa-Cogeca report forecasts a 3.5% decrease in the total area dedicated to cereal production in the EU in 2024, amounting to 48,568.6 thousand hectares. This reduction is anticipated to influence most major crops, with the exception of rye and oats, which are expected to see increases. The total EU cereal production is projected to decrease by 4.7% in 2024, largely due to a drop in planted area and yields of various crops. Specifically, milling wheat and durum wheat areas are expected to see significant decreases, while corn, rye, and oats are expected to see increases.

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

Original content

According to the latest Copa-Cogeca report, the total area devoted to cereal production in the EU will decrease by 3.5% in 2024 compared to 2023, reaching 48,568.6 thousand hectares. This reduction in sown area will affect most major crops, with some notable exceptions. Overall, total EU cereal production is projected to decrease by 4.7%, from 269,899 thousand tons in 2023 to 257,319.6 thousand tons in 2024. This decline is mainly due to decreases in planted area and yields of several major crops, with the exception of notable increases in rye and oats. Milling wheat acreage is expected to decrease by 5.0%, from 21,769,000 ha in 2023 to 20,685.9,000 ha in 2024. Production will also decrease significantly by 6.4%, to 117,515.9 thousand tons, mainly due to a 1.5% decrease in yields. The area under durum wheat is expected to decline by 7.5% to 1,981.1 thousand hectares in 2024. Despite a slight yield increase of 1.9%, total production will decrease by 5.7% to 6,586.3 thousand tons. ...

Source: UkrAgroConsult