Feed corn prices have decreased

(Photo: Pixabay)

The cold weather in early April – especially in the southeastern European member states – hindered the sowing of corn, but then the more favorable weather in late April and early May facilitated the rapid progress of the work. In France, the seeds were sown on time, and corn will occupy a 12 percent smaller area in the member state, 1.4 million hectares, this year. In Romania, the crop can be harvested from 1.9 million hectares (-12 percent). In Poland and northern Germany, more rainfall would be needed for the development of the crops. In the former, corn can be harvested from 1.2 million (+1 percent) hectares, in the latter from 460 thousand (-8 percent) hectares in the autumn of 2025. In Italy, the crop can be sown on an area of ​​500 thousand (+4 percent), in Bulgaria 430 thousand (-16 percent), and in Austria, the same 210 thousand hectares. In Spain, corn can be harvested from 300 thousand (+3 percent), and in Croatia 260 thousand hectares (-4 percent) this year. According to AKI PÁIR data, feed corn changed hands at an average producer price of 74.7 thousand forints/ton in the fourth week of May, which exceeded the previous year by 3 percent. On the Chicago Mercantile Exchange, the July price of corn fluctuated in the range of 175–182 dollars/ton between May 19 and 30. On the Paris Mercantile Exchange, the June settlement price of the crop fluctuated between 191–207 euros/ton.

AKI PÁIR