MARS continues to lower forecasts for EU spring crop yields

Published 2024년 11월 3일

Tridge summary

The European Agency for the Monitoring of Agricultural Resources (MARS) has revised its crop forecasts for the European Union for the current agricultural season, reducing the expected yields of soybeans, sunflowers, and corn due to adverse weather conditions in several countries. The hot and dry summer followed by excessive rainfall in September, particularly in Italy, have significantly impacted the crops. The corn yield forecast has been lowered to 6.66 tonnes per hectare, 9% below the 5-year average, and sunflower yield forecast has been reduced to 1.86 tonnes per hectare, 13% below the 5-year average. Soybean yields, however, are expected to meet the 5-year average. Additionally, the sugar beet yield predictions have been increased, surpassing the 5-year average.

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

Original content

In their regular monthly report for October, experts from the European Agency for the Monitoring of Agricultural Resources (MARS) lowered their forecasts for the crops of soybeans, sunflowers and corn in the European Union in the current agricultural season due to the decline in yields in Bulgaria, Romania, Hungary and Croatia. as well as in Italy where, after a hot and dry summer, crops suffered from excessive rainfall in September. Compared to September, MARS experts' forecasts for corn yields were lowered to 6.66 tonnes per hectare from 6.85 tonnes per hectare, and if correct, the result would remain 9% below the average of the last 5 years. For sunflower, the drop in the yield forecast is to 1.86 tonnes per hectare from 1.98 tonnes per hectare, which would mean 13% below the 5-year average. Soybeans were down to 2.72 tonnes per hectare from September's forecast of 2.81 ...

Source: Sinor