European corn imports get off to a smoother start

Published Jul 17, 2024

Tridge summary

European Union corn imports have surged this year, with 160,000 more tons imported compared to last year and 300,000 tons more than two years ago. Last year, the EU imported nearly 19 million tons of corn, averaging 363,000 tons per week, with Spain being the largest importer due to a poor domestic harvest. This trend continues, with Spain receiving half of the EU's corn imports in the first two weeks of this year, followed by Belgium and the Netherlands. Ukraine remains the primary supplier, providing about two-thirds of the imported corn, while imports from the United States have significantly increased to 162,000 tons in the first two weeks, compared to almost none at the same time last year.

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

Original content

This means that imports will start faster than in previous years. Compared to a year ago, 160,000 more tons were imported and sold. Compared to the first two weeks two years ago, imports are even 300,000 tons larger. Last year, the European Union imported an average of 363,000 tons of corn per week. The total remained just below 19 million tons. This meant that imports were considerably smaller than the year before, but compared to previous years, imports were quite large. Spain in particular imported a lot of corn due to a small harvest in its own country. Most corn goes to Spain This year too, most of the corn is going to Spain. In the first two weeks, half of the total European imports were delivered to Spain. After Spain, Belgium is the largest importer with 114,000 tons, followed by the Netherlands with 83,000 tons. Just like last year, ...

Source: Nieuwe Oogst