25.
08.20
09:42

MARS lowers yield forecasts for summer grain

The EU crop monitoring service “MARS” yesterday lowered its forecast for most summer grain harvests in the EU. Dry weather in the major producing countries was cited as the reason for this. MARS now expects average corn yields in the EU of 8.01 tonnes per hectare (t / ha). It is 5.6% above the five-year average. The previous forecast was 8.21 t / ha.
For this year's sugar beet harvest, Mars expects yields averaging 73.5 t / ha, which is less than expected at 75.9 t / ha in July and 1.4% less than the five-year average.
The lack of rain since the beginning of July and the heat wave in August in large parts of west, north and Central Europe are mainly responsible for the lower yields.
The combination of limited water availability and high temperatures had a negative impact on summer grain stocks. Therefore lower yields are expected.
In contrast, summer grain stocks in other regions in Central Europe, in eastern Italy and in western Romania, benefited from abundant rainfall.
Compared to the ratings reported in July, the largest downgrades were in France, Romania, Bulgaria, Germany, the Benelux countries and Poland, according to Mars.
MARS moderately increased the forecast of common wheat yields from 5.54 t / ha to 5.55 t / ha.
For the first of summer, MARS increased the yield forecast from 4.33 t / ha to 4.39 t / ha while it was lowered for winter barley from 5.64 t / ha to 5.51 t / ha. The forecast for oilseed rape has also been increased from 2.97 t / ha to 2.98 t / ha.

Source
Hansa Terminhandel GmbH
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