ADVERTISEMENT

EU cereal harvest estimated to rise slightly this year

Weather

Cereal harvest in the European Union will rise slightly this year but remain below the average of the last five years, a EU forecast said on Tuesday.

The 2007 total cereal harvest will be 276 million tons, approximately 10 million tons more production than 2006 figures or 1.6% less than the last five year average, said the Joint Research Center (JRC), an in-house scientific service of the European Commission. The JRC said heat waves, droughts and excessive rain across Europe has brought mixed results, with Central and Eastern Europe losing out the most.

Across the EU, the growing season trend has been exceptional with mild winter and hot spring temperatures boosting crop growth. Northern regions have been particularly hit with intensive rain while heat waves and drought spells have had a detrimental effect in Eastern countries, especially around the Black Sea region.

In Romania, for example, the predictions are that wheat yield will be 20.1% below the five-year average, while in Bulgaria barley yield will be down 14.6% and for maize the decrease could be as much as 40%. As to individual crops, production of durum wheat in 2007 was estimated to lead the increase with 13.5% more than the five-year average, followed by potato, gaining 8.1%. Rape seed yield across EU will drop by 5.1%. (peopledaily.com.cn)

ADVERTISEMENT

Rate-setters augur slower decline in CPI in 2022 Analysis

Rate-setters augur slower decline in CPI in 2022

Lawmakers approve residency permit for digital nomads Parliament

Lawmakers approve residency permit for digital nomads

Magyar Bankholding chairman to serve as CEO as well Appointments

Magyar Bankholding chairman to serve as CEO as well

ITM, capital gov't agree on support for public transport City

ITM, capital gov't agree on support for public transport

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.