Tridge summary
The European maize market for 2022 is expected to see varied trends in different countries due to factors like planting conditions, price prospects, and regulatory changes. While rapeseed plantings are expected to increase in most European countries, soft winter wheat plantings may slightly decrease. Maize plantings are projected to remain stable, despite challenges like high fertilizer prices and competition from other crops. The quality seed market, which hit a record 304,000 hectares in 2021, is expected to meet demand. The market remains solid, justifying current price levels, despite potential volatility from the Omicron Covid variant and increased production costs, especially in nitrogen-based fertilizers. The situation is further complicated by concerns over fertilizer supply, with China limiting exports to meet its domestic needs. These factors could impact planting decisions in regions like the Corn Belt, adding uncertainty to the market dynamics.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
European maize market in 2022: quality seed trends and supply Autumn plantings are drawing to a close, in Europe. Rapeseed areas (for the 2022 harvest) have gone up again in most European production countries, as oilseeds benefit from the attractive prices and planting conditions, which have been satisfactory worldwide. On the other hand, soft winter wheat plantings will remain unchanged and may even drop slightly. As to the spring of 2022, maize plantings should remain unchanged throughout Europe, due to good price prospects on the grain maize market and high yields in most production countries (except for Hungary, Serbia, and Croatia). However, trends should be rather mixed in the various production regions, given the rapeseed area increase in the autumn of 2021 and the sudden leap in fertilizer prices. By contrast, EU feed maize areas are expected down, as feed stocks have already been rebuilt satisfactorily in the main production countries and biogas markets may be impacted by ...
Source: Agropages
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