The European Union’s crop monitoring service raised its forecasts of this year’s EU soft wheat and rapeseed yields, citing a good crop outlook overall except in the drought-impacted Iberian peninsula. In its monthly report, MARS raised its projection of this year’s yield for soft wheat to 6.01 metric tons per hectare from 5.96 last month. That would 4% higher than both last year and the five-year average.
MARS increased its rapeseed yield outlook to 3.34 metric tons per hectare from 3.31 forecast last month. The revised forecast would be fractionally above last year’s yield and 8% more than the five-year average.
In its first published projections for corn, MARS forecast the 2023 yield at 7.64 metric tons per hectare, which would be up 29% from a drought-diminished 2022 crop and 2% higher than the five-year average.
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