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Agricultural Production in the European Union: 2024/2025 Season Estimates
According to the latest estimates, the agricultural production of cereals, vegetables, and fruits in the European Union (EU) for the 2024/2025 season has undergone significant changes, influenced by climatic factors and specific regional conditions, as stated in the latest reports from the European Commission.
Cereals
The International Grains Council (IGC) has revised its global wheat production forecast downward for the 2024/2025 season, reducing it by 2 million tons to a total of 796 million tons.
This adjustment is primarily due to a significant decline in wheat production within the EU, now estimated at 120.3 million tons compared to 133.1 million tons in the previous season.
This reduction represents an approximate 9.6% decrease. The production decline is mainly attributed to weak harvests in France and Germany, caused by excessive rainfall in these countries.
Regarding corn, the IGC has slightly increased its global production forecast by 1 million tons, bringing it to 1.225 billion tons.
This increase is due to better-than-expected yields in Africa, which have offset a slight reduction in the estimated production in the United States.
Although specific data for EU corn production is not detailed in the IGC report, global trends suggest relative stability in production.
Influencing Factors and Outlook
The decline in wheat production in the EU could have significant implications for both domestic and international markets. Reduced supply may lead to higher prices, impacting both consumers and producers.
Additionally, adverse weather conditions, such as excessive rainfall, highlight the agricultural sector’s vulnerability to climate change.
Conclusion
In conclusion, the latest estimates indicate a notable decrease in wheat production in the EU for the 2024/2025 season, primarily due to unfavorable weather conditions in key producing countries.