Yield forecasts for many crops in Europe revised downwards

High temperatures and water scarcity are reducing maize and sunflower yields in Southern, Central, and Eastern Europe, particularly in Hungary, Romania, Bulgaria, and Greece. Heavy rainfall has resulted in a disappointing harvest of winter cereals in Northern Europe, with wheat and winter barley quality being lower due to wet conditions. The Baltic countries have experienced intense rainfall leading to lodging and lower quality grain. Previously positive yield expectations have significantly dropped in these countries due to the challenges faced during the harvest season. Frequent rainfall has also negatively impacted the harvest in Northern France, the Benelux countries, and Northwest Germany, where winter crops have been already affected by wet conditions throughout the season.