The global cereal production will be less than expected
Not only Hungary’s cereal yield was affected by the bad weather. In the region, storms and floods, in Western Europe droughts hit the fields. The global cereal production will be less, than estimated.
In the European Union, compared to last year’s 293 million tonnes of cereal yield, only 283 million tonnes are expected this year.
The United States Department of Agriculture a few days ago forecasted an estimation of 7.5 million tons a year, for the global cereals yield. The yield only increased in the United States and China, but it can not compensate the yield reduction of the other countries of the world – reports szabadfold.hu.

Related news
Related news
Annual inflation in the OECD slowed to 4.2 percent in March
The average annual increase in consumer prices in the member…
Read more >New environmental fines: companies will now have to dig deeper into their pockets
From May 2025, companies will be subject to significant fines…
Read more >Hygiene without compromises
According to Viktor Hegedűs, senior brand and shopper activation manager…
Read more >