EU: Grain harvest in full swing

Published Jul 15, 2024

Tridge summary

The article provides an overview of the current grain harvest situation in Europe, with a focus on the challenges encountered due to excessive rainfall in countries like France and Germany. The results show disappointing crop yields and quality, particularly in barley and wheat, with France adjusting its soft wheat export expectations accordingly. Despite these setbacks, some positivity is found in Ukraine, Kazakhstan, and the American grain and corn markets. Additionally, the article touches on the dynamics of soy and rapeseed markets, noting record exports from Brazil and declining prices for the new rapeseed harvest, despite supply concerns. It also mentions the availability and pricing of various agricultural by-products such as palm kernel flakes, wheat semolina, and beet pulp.

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

Original content

All eyes are currently on the grain-producing regions across Europe. The harvest is in full swing, with the first figures coming in. These are very disappointing, partly due to the extremely wet weather in Western Europe. For many farmers it is a challenge to get the grains off the land. Due to the wet weather in France and Germany, the harvest has been interrupted for several days and is not going optimally. Barley yields in Germany are disappointing, probably just an omen for wheat. France Agrimer has adjusted its soft wheat exports to 7.5 million tons, a decrease of 10.2 tons compared to last year. Yield and quality The yield and quality in Ukraine seem to be slightly better than last year. However, there are also positive notes to be heard in the market. For example, wheat yields in Kazakhstan are expected to increase significantly, they have had very favorable growing conditions, as a result of which expectations have been adjusted upwards. Grains and corn also seem to be ...

Source: AkkerbouwActueel