The EU wheat harvest in 2024/25 may be reduced to its lowest level in the last 4 years

Published 2024년 4월 1일

Tridge summary

The European Commission has forecasted a 4% decrease in the EU's soft wheat harvest for the 2024/25 marketing year, estimating a total production of approximately 120.8 million tons, marking the lowest yield in four years. This reduction is primarily due to a decrease in sowing areas in major producing countries like France and Germany, influenced by heavy rainfall, with the total area under wheat cultivation expected to drop to 20.95 million hectares. Despite these challenges, the average grain yield is projected to remain stable at 6 t/ha. The forecast also maintains soft wheat exports at 31 million tonnes but anticipates a decrease in imports to 4.4 million tonnes from the previous season's 7.5 million tonnes. Furthermore, the EU's grain ending stocks are expected to significantly reduce to 12.1 million tonnes from 19.9 million tonnes in the 2023/24 marketing year.

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Original content

The European Commission predicts that the soft wheat harvest in the EU in 2024/25 MY will be 4% lower than in the current season, and will amount to about 120.8 million tons - the minimum of the last 4 years, reports Reuters. It is noted that the area under wheat has decreased due to heavy rains during the sowing period, especially in France and Germany, and is estimated at 20.95 million hectares compared to 21.75 million tons in MY 2023/24. However, the average grain yield will remain at the level of the previous season – 6 t/ha. EU soft wheat exports are forecast at 31 million tonnes in 2024/25 (in line with expectations for the current ...

Source: Oilworld