Romania to register “excellent” maize crop this year amid concerns regarding EU production

14.09.2018

Romania is among the few countries in the European Union to post “excellent” maize crop this year, as production in many regions is affected by hot and dry weather over the summer, while poor quality offsets Romania’s large wheat output, according to French consultant Consultancy Strategie Grains, cited by Reuters.

In a report published on Thursday, Consultancy Strategie Grains cut its outlook for grain maize production in the EU by nearly 5 percent, to 58.4 million tonnes, as crop conditions continued to deteriorate in France and central Europe.

“Yield potentials have deteriorated significantly again in France, Germany, Poland and central Europe, due to this summer’s hot, dry weather. These unfavorable conditions will ultimately take a heavy toll on the EU’s grain maize harvests,” Strategie Grains said in its report.

France has already cut its estimate for the spring crop by 400,000 tonnes to take account of this summer’s weather.

But Strategie Grains says that the outlook for grain maize yields remained excellent in Romania, Bulgaria and Italy, considered major producers.

According to Reuters, drought and heatwaves since late spring have withered crops in northern Europe, fueling concern about tightening grain supplies and sending Paris wheat futures to their highest in over five years.

Strategie Grains cut its estimate for this year’s EU soft wheat harvest for the seventh consecutive month, now seen at 126.8 million tonnes, down 0.9 million from last month, due mainly to reductions in Germany, the Benelux, Denmark, Ireland, Austria, Finland and Sweden.

The 2018 EU soft wheat harvest would now be 11 percent below last year’s with yields at their lowest level since 2012.


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