European wheat crop already on the ropes

Published Dec 15, 2023

Tridge summary

Excessive rainfall has delayed the planting of winter wheat in the European Union, particularly in France, leading to forecasts of a five percent drop in seeded area. The wet autumn has also impacted other countries, and the delayed planting may result in a shift to spring and summer crops. Despite the excessive rain, drought does not appear to be a big concern at the start of the year, but the European Commission and the U.S. Department of Agriculture are at odds over wheat exports for the 2023-24 campaign.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

The European Union’s winter wheat crop is off to a less than ideal start, according to analysts. Planting in France, which is the largest producer of the crop, has been delayed by excessive moisture. The French ministry of agriculture is forecasting a five percent drop in seeded area in that country, according to Annachiara Saguatti, analyst with Arete, an Italian agri-food intelligence company. “They suggest that, as a result of the delay, the ideal planting window is long closed and a shift to spring and summer crops might occur,” she said in an email. The impact of Europe’s wet autumn is also being felt in Belgium, the Netherlands, Luxembourg, northern Germany, Denmark, western Poland and Slovenia. Winter wheat planting in the European Union was probably going to be on par with last year and in line with the five-year average had it not been for excessive rain. Wheat is a safe choice for growers in this bear market because it is better than competing crops at withstanding ...
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