This year, 12.5 percent more corn can be harvested in the EU than last year

(Photo: Pixabay)

The consumption can be put at 1,200 million tons, which would exceed the previous season by 3 percent. The 2023/2024. by the end of the annual season, 311 million tons of corn may remain in storage. High temperatures in southern Italy and Greece in mid-July adversely affected corn development, according to Tallage. Thanks to the wetter weather in Croatia and Hungary, good yields are expected, while in Bulgaria and Eastern Romania the crop prospects have deteriorated. In Poland, the Benelux states, northern France and northern Germany, the rains improved crop conditions. However, in the southern areas of France and Germany, additional precipitation would be needed for adequate grain recharge.

In the European Union, almost 12.5 percent more corn can be harvested this year than in 2022

Emissions are expected to be 11 million tons (+29 percent) in Romania, 11.4 million tons (+9 percent) in France, and 7.5 million tons (-6 percent) in Poland.

In Hungary, according to the information of the AM, there is a prospect of a corn harvest of 5.9 million tons

In Hungary, according to AKI PÁIR data, fodder corn changed hands at an average producer price of HUF 73.2 thousand/ton in the third week of August, which is 44 percent lower than a year earlier. On the BSE, the ISCC NUTS II sustainable fodder corn quotations for different dates have decreased by HUF 3,500 since August 14: November 67.5 thousand, December 69 thousand, March 2024 72.5 thousand, May 2024 76, It was HUF 5,000/ton on August 25.

AKI PÁIR