Smaller German wheat and rapeseed crops again forecast for 2024

Source:  XM

Germany’s 2024 wheat crop will fall 5.5% on the year to 20.34 million metric tons, the country’s association of farm cooperatives said in its latest harvest estimate on Wednesday.

The association forecast Germany’s 2024 winter rapeseed crop will fall 8.0% from last summer’s crop to 3.89 million tons.

Reductions had been expected following reduced planted areas and poor weather. In its previous harvest estimate on May 23, the association forecast Germany’s 2024 wheat crop at 20.31 million tons and the 2024 winter rapeseed crop at 3.87 million tons.

Tags: , , , , , ,

Got additional questions?
We will be happy to assist!