09.
07.16
17:35

European Commission appreciates high total harvest, but smaller wheat crop

Commission: estimate the EU grain harvest by 2015/16 astonishingly high In her Recent short term Outlook , the Commission estimates the EU cereals crop 2016/17 on approximately 315 million t. or   about 2.5 million t, or 0.8% higher than in the previous year. Basis for the result is a 0.3% larger acreage and higher expected 0.5% Flächenerträge. The soft wheat harvest 2016/17 as a result of the adverse weather conditions in many parts of the EU only is still estimated at 145.6 million tonnes. 7 million tonnes are less than in the previous year. However, durum wheat is expected to increase slightly to 8.9 million metric tons. The increase is mainly due to the good harvests in Spain. The barley harvest is larger by more than 1.7 million tonnes to 62.9 million t. fail. Constant yield expectations is critical the increasing acreage. The corn harvest 2016/17 should rise on reduced acreage to 65.4 million tonnes. In comparison, about 1 t / ha higher hectare help weak last year by at 7.3 tonnes per hectare to the increasing bottom line. The balancing of supply and consumption results in a small population increase for the EU from 42.9 to 43.9 million tons. The direct human consumption, industrial use and feed consumption remain approximately at the same level as in the previous year. During the import you would expect a reduction of 3 million tonnes, caused mainly by lower corn imports. On the export side , about 5 million t of fewer exports are expected. Therefore, wheat exports due to expected quality problems may play a role. The high expectations of export competitor Russia could be important be. The latest estimates of the Commission are astonishingly high down. Given the unfavourable weather developments in many parts of large grain growing areas such as France, Germany and Poland, larger cuts were anticipated in advance. On the other hand, there are also regions with above-average harvest results, which provide for a compensation of part of.

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