The Euroäische Commission has increased in the past month to 141.6 million tonnes its forecast of the EU soft wheat crop by 2015 from 141.1 million tonnes. 2014, soft wheat harvested in the EU-28 148,2 million tons.
The stocks at the end of the marketing period of 2015/16 was reduced from 16.2 million tons 15.0 million tonnes. Mainly due to the increase in the consumption of the feed wheat by 1.5 million tons.
Maize, the Commission reduced the forecast of closing stock by 3 million tons to 16.3 million tonnes. Reasons for this are the lower crop expectations, as well as the increased demand for feed corn.