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2 million tons last month to 125.
8 million tons, but it was 117.
2 million tons higher than the output in 2020/21.
Tons increased by 7%
.
The market generally expects EU wheat production to increase this year, because after last year’s rains reduced production, EU farmers have the ability to increase the wheat planting area this year, and the weather in late spring will help crop growth
.
.
The European Commission maintains the EU's forecast data for common wheat or soft wheat exports in 2021/22 unchanged at 30 million tons
.
In comparison, the output for 2020/21 is 27 million tons
.
.
In comparison, the output for 2020/21 is 27 million tons
.
However, other demand data has been revised upwards
.
The forecasts of wheat consumption in the production of biofuels and livestock feed are both revised upwards by 300,000 tons to 3.
4 million tons and 41.
3 million tons, respectively
.
.
The forecasts of wheat consumption in the production of biofuels and livestock feed are both revised upwards by 300,000 tons to 3.
4 million tons and 41.
3 million tons, respectively
.
The lower wheat production data and the higher demand data offset the 200,000 tons increase in import data (current imports are expected to be 2.
7 million tons), and prompted the European Commission to lower the end stock forecasts for common wheat in 201/22 from 10.
8 million tons in May to 10.
1 million tons
.
7 million tons), and prompted the European Commission to lower the end stock forecasts for common wheat in 201/22 from 10.
8 million tons in May to 10.
1 million tons
.
The wheat ending stocks in 2021/22 are still much higher than the 8.
8 million tons in 2020/21
.
8 million tons in 2020/21
.
Forecasts for barley and corn production are lowered, while oilseed production remains unchanged
The European Commission lowered its barley production for the year of 2021/22 by 1 million tons to 53.
5 million tons
.
5 million tons
.
However, ending stocks have been raised to 8.
4 million tons from the 6.
8 million tons forecast last month, as production for 2020/21 has been raised 2.
1 million tons to 56.
9 million tons
.
4 million tons from the 6.
8 million tons forecast last month, as production for 2020/21 has been raised 2.
1 million tons to 56.
9 million tons
.
The EU corn production in 2021/22 is expected to be 70.
6 million tons, which is 400,000 tons lower than the forecast in May
.
The forecast data of EU corn imports for 2020/21 and 2021/22 remain unchanged at 15 million tons
.
6 million tons, which is 400,000 tons lower than the forecast in May
.
The forecast data of EU corn imports for 2020/21 and 2021/22 remain unchanged at 15 million tons
.
Regarding oilseeds, the European Commission maintains the forecast for rapeseed production in 2021/22 at 16.
7 million tons, but the import forecast is raised by 400,000 tons to 6.
2 million tons, which is also the same as this year
.
7 million tons, but the import forecast is raised by 400,000 tons to 6.
2 million tons, which is also the same as this year
.
