Maize in the EU - Squire average harvest 2016 holds high corn prices Maize harvests 2016 in the EU will come out after the previous forecasts of barely above a barely average level . However, an "Golden Autumn" could contribute one at that, that in the grain filling stage, some of the is made up for what was not achieved in the recent past by low sunshine hours or temperature sums. The dichotomy between the Western is striking in this year and South-Eastern regions. In France and Germany calculated with weak harvest results, while in the South-eastern areas of Austria, Hungary, Romania, is expected to be Bulgaria and Slovakia with above-average maize yields. Background is the variable distribution of precipitation, which is too high down to the West, while in the South-Eastern EU Member States sufficient rain is always welcome. Typical for development over the years are the fluctuations of the harvest results. Since significant share of EU corn production at sites with high susceptibility to insufficient precipitation in continental climate conditions take place, there are again yield drops by 30-50%. This year's scarce maize harvest is due to clear the weak results in France , which rarely occur in this form. With an estimated EU corn crop between 62 to 64 million tonnes, the EU remains a Are importing country with estimated import demand by 10 to 13 million t. main importing country Spain, Portugal, Netherlands and Northern Germany. On the export side, through the black sea route in nearby are approximately 2 to 3 million tonnes, third countries be shipped. The maize prices on the Paris stock exchange abide despite strong international pressure from overseas still a considerably high level. Pressure also comes from the abundant feed wheat this year. Still remains tense supply situation in the EU than in the past. The result is a EU price levelthat is oriented towards the upper range of the international courses . High prices are attractive to increasing imports from third countries which ensure with comparatively low rates that shoot the EU domestic prices not in the sky.
