MARS: Yields tend to be weaker than estimated in March 2021, but over 5 annual mean comparatively low temperatures in the period from mid-March to mid-April. However, there are differences between the crops and regions in the market. Measured against the 5-year average, the grain yields are still +3.6% above the average. Rye achieved the best ratings with an increase of + 3.9%, followed by winter barley with + 3.7% and triticale with + 3.2%. Wheat should at least create an increase of 3.0%. The yield estimates for maize are only slightly above average, with trend values predominantly being used as a basis.Yield increases of + 4.6% are predicted for rapeseed. However, it has to be said that the previous years were considerably below the average values. The yield forecasts of + 3.5% for potatoes are also noteworthy, but there are still some weather risks to be overcome before harvest. The sugar beet should be just under 2% above the five-year average. In this case, too, there are still several weeks to go before the harvest. There were clear differences in the European regions. A cold wave swept through the areas of northern and central France across Germany to the south-eastern European countries. The effects on the grain and oilseed stocks were limited, but plant growth was delayed quite significantly. On the other hand, flourishing stocks, especially in the fruit sector in France and Italy, suffered disastrous consequences.Too little rain fell in the areas of Spain, southern France, northern Italy and the Balkans. Above-average temperatures were observed in large parts of the Scandinavian and Baltic countries. This development favors the earnings prospects there. At this time, the yield forecasts have limited informative value for the time being, but at least provide information about the non-serious influences of the winter and spring development in 2020/21.
