The European Commission continues to lower its estimate for the EU soft wheat harvest

Published 2024년 12월 21일

Tridge summary

European Commission experts have revised their forecast for the European Union's common wheat production down to 111.9 million tonnes, marking it as the harvest's weakest in 12 seasons and 10.6% lower than the previous season. This downturn is primarily due to heavy rainfall during the crucial growth period in Western Europe, especially affecting France. Despite the reduced harvest, the EU's common wheat export forecast remains steady at 25 million tonnes. The final stocks of grain crop have also been adjusted downwards to 9.4 million tonnes. Additionally, the forecasts for barley, corn, and oilseeds (rapeseed and sunflower) have been lowered, indicating significant decreases in these crops' production compared to the previous season.

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Original content

European Commission experts have once again lowered their estimate for the production of common wheat in the European Union in the current agricultural season, which began on July 1 – this time to 111.9 million tonnes from the previous 112.3 million tonnes. If this estimate is correct, the harvest will be the weakest in the last 12 seasons and will remain 10.6% below the harvest of last season. The main reason for the weak result is the impact of heavy rains during crucial phases of the vegetation in the main production regions of Western Europe, with France's harvest being the weakest since the 1980s. The EC experts left the forecast for the export of common wheat from the community unchanged at 25 million tonnes. However, due to the adjustment in the harvest, the forecast for the final stocks of the grain crop has also been lowered to 9.4 million tonnes from the 9.8 million expected at the end of last month. tons. For barley, the estimate for the EU harvest as a whole has also ...

Source: Sinor