The EU cereal manufacturing for 2023/24 is anticipated to be 4.3% under the 5-year moderate, at 268.5 million tonnes (1% above the former advertising and marketing yr) because of the adversarial climate stipulations over spring and summer time that particularly impacted maize and barley manufacturing. Feed use of cereals may just stay strong whilst using cereals for biofuel manufacturing may just proceed rising (12% above 2022/23). The EU is still a internet exporter of cereals, significantly wheat. Exports to the Center East and Sub-Saharan Africa have in particular greater within the earlier months.
The EU oilseed manufacturing is doing in particular smartly and may just achieve 33 million t which is 6% above the closing advertising and marketing yr and 11% above the 5-year moderate, pushed by way of a restoration in sunflower manufacturing, in addition to upper soya bean manufacturing.
October 9, 2023/ Ecu Fee/ Ecu Union.
https://agriculture.ec.europa.ecu