AIRLINK 74.00 Decreased By ▼ -0.25 (-0.34%)
BOP 5.14 Increased By ▲ 0.09 (1.78%)
CNERGY 4.55 Increased By ▲ 0.13 (2.94%)
DFML 37.15 Increased By ▲ 1.31 (3.66%)
DGKC 89.90 Increased By ▲ 1.90 (2.16%)
FCCL 22.40 Increased By ▲ 0.20 (0.9%)
FFBL 33.03 Increased By ▲ 0.31 (0.95%)
FFL 9.75 Decreased By ▼ -0.04 (-0.41%)
GGL 10.75 Decreased By ▼ -0.05 (-0.46%)
HBL 115.50 Decreased By ▼ -0.40 (-0.35%)
HUBC 137.10 Increased By ▲ 1.26 (0.93%)
HUMNL 9.95 Increased By ▲ 0.11 (1.12%)
KEL 4.60 Decreased By ▼ -0.01 (-0.22%)
KOSM 4.83 Increased By ▲ 0.17 (3.65%)
MLCF 39.75 Decreased By ▼ -0.13 (-0.33%)
OGDC 138.20 Increased By ▲ 0.30 (0.22%)
PAEL 27.00 Increased By ▲ 0.57 (2.16%)
PIAA 24.24 Decreased By ▼ -2.04 (-7.76%)
PIBTL 6.74 Decreased By ▼ -0.02 (-0.3%)
PPL 123.62 Increased By ▲ 0.72 (0.59%)
PRL 27.40 Increased By ▲ 0.71 (2.66%)
PTC 13.90 Decreased By ▼ -0.10 (-0.71%)
SEARL 61.75 Increased By ▲ 3.05 (5.2%)
SNGP 70.15 Decreased By ▼ -0.25 (-0.36%)
SSGC 10.52 Increased By ▲ 0.16 (1.54%)
TELE 8.57 Increased By ▲ 0.01 (0.12%)
TPLP 11.10 Decreased By ▼ -0.28 (-2.46%)
TRG 64.02 Decreased By ▼ -0.21 (-0.33%)
UNITY 26.76 Increased By ▲ 0.71 (2.73%)
WTL 1.38 No Change ▼ 0.00 (0%)
BR100 7,874 Increased By 36.2 (0.46%)
BR30 25,596 Increased By 136 (0.53%)
KSE100 75,342 Increased By 411.7 (0.55%)
KSE30 24,214 Increased By 68.6 (0.28%)

HAMBURG: The association of German farm cooperatives on Wednesday cut its forecast of Germany's 2018 wheat crop to 22.89 million tonnes, down 6.5 percent on the year after grains suffered from dry weather in past weeks.

The cooperatives also cut their forecast of Germany's 2018 winter rapeseed crop to 4.05 million tonnes, down 5.0 percent on the year.

In May, the association had forecast a 2018 wheat harvest of 23.98 million tonnes and a winter rapeseed crop of 4.12 million tonnes.

"The reason is the high temperatures and lack of rain in a large part of Germany in the past weeks," the association said.

Grains in west and south Germany are in a generally good state but plants in north and east Germany have suffered from lack of rain.

"There is sometimes significant levels of dryness damage," it said.

Germany is the European Union's second largest wheat producer after France and in most years the EU's largest grower of rapeseed, Europe's main oilseed for edible oil and biodiesel production.

Barley has especially suffered and in areas with light soils barley is reaching ripeness too quickly before plants are mature, it said.

An early start to Germany's barley harvest could start at the end of June in north Germany if dry and hot weather continues, it said.

"It is not only crops in Germany which are suffering from the dryness, but also in other areas of the Baltic Sea region such as Denmark, south Sweden and Poland," the association said.

The winter barley crop, used mostly for animal feed, will fall 6.6 percent on the year to 8.42 million tonnes, it forecast.

The spring barley crop barley, used for malt and beer production, is still expected to increase by 23.8 percent on the year to 2.26 million tonnes after sowings were expanded.

Germany's grain maize (corn) crop will fall 4.2 percent to 4.35 million tonnes, the association said.

Copyright Reuters, 2018
 

 

 

 

Comments

Comments are closed.