PARIS, France (Reuters) — Consultancy Strategie Grains reduced its monthly outlook for this year’s rapeseed crop in the European Union by 200,000 tonnes after a recent hot spell hit some large producing countries in the bloc.
In a report released July 3, Strategie Grains projected the EU 2017 rapeseed crop at 21.12 million tonnes, still 4.2 percent above last year, when the crop was damaged by adverse weather.
“Losses this month mostly stem from France and Central Europe, although prospects are good in the southeast of the EU, where the harvest is about to begin. The field results in the weeks ahead will hence have to be watched closely,” it said.
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Strategie Grains lowered its forecast for this year’s sunseed harvest in the EU to 8.36 million tonnes, down nearly 200,000 tonnes from its May estimate and now just one percent above last year.
Meanwhile the European Commission trimmed its forecast of the soft wheat crop in the bloc to 138.86 million tonnes, down 2.42 million.
That is still larger than last year’s weather-damaged harvest of 134.36 million tonnes, but it is smaller than other recent forecasts that were closer to 140 million tonnes.
