30 March 2015 | Online since 2003



Baltic states facing huge rate of winter kill


EU grains began the new month mixed, with little change. May 14 London wheat closed GBP0.75/tonne lower at GBP165.00/tonne, whilst new crop Nov 14 was GBP1.00/tonne easier at GBP155.50/tonne. May 14 Paris wheat closed EUR0.25/tonne higher at EUR208.00/tonne, Jun 14 Paris corn was up a euro at EUR187.00/tonne and May 14 Paris rapeseed rose EUR2.75/tonne to EUR409.75/tonne.

Fresh news was relatively light. Copa Cogeca forecast an EU-28 rapeseed crop "close to 21 MMT" this year, that's down slightly on 21.3 MMT in 2013 despite a small rise in planted area. The estimate is almost identical to last week's EU Commission and Coceral forecasts of 21.1 MMT. They reported "a positive crop situation due to the mild winter this year and good winter sowings." Adding that "although it is still very early on in the growing season, crops look in very good condition."

For soft wheat output they estimated the EU-28 crop at 136.2 MMT, up 2.7% on last year. Again this is very close to the number released by Coceral last week (135.9 MMT). "The UK situation is positive, despite the severe floods. But in some countries like Spain it was too early to say and figures are still cautious for the EU," they said. "Baltic states are meanwhile facing a huge rate of winter kill (around 80%) and are looking for available spring seed varieties," they added. The EU-28 all wheat crop was forecast 2.6% higher at 144 MMT, a 3.5 MMT rise on last year.

Areas where they fell less in line with Coceral were in their forecasts for EU-28 corn and barley production. They estimated the EU-28 barley crop at 58.6 MMT, a fall of only 300 TMT on last year - less than a half of one percent. Coceral last week suggested that Europe's barley crop would fall by almost 7% to 55.3 MMT this year.

Copa Cogenca were also relatively bullish on this year's corn production prospects, forecasting output rising 3.6% to 66.6 MMT on improved yield potential. Coceral only estimated the EU-28 corn crop at 63.7 MMT last week.

The Ukraine Weather Centre said that the country had suffered a 25-40% rainfall deficit this winter, and in some areas deficit totals were as high as 40-50%. Nevertheless "moisture content reserves throughout the most of Ukrainian territory are favourable for winter and spring crops," they said. Decent rains are in the forecast for Ukraine in the 7-15 day time frame.

Before then though there's a chance of frost across the next couple of nights, with similar conditions in the forecast for Russia.

The Ukraine Ministry said that the country had exported 2.98 MMT of grains in March, up from 2.82 MMT in February. Corn accounted for the vast majority of last month's exports at 2.6 MMT.

Ukraine's 2013/14 marketing year to date exports are now 27.46 MMT, up more than 40% on a year ago. That includes almost 17.3 MMT of corn and 7.8 MMT of wheat.

Bulgaria said that they'd exported a record 3.14 MMT of wheat so far this year, and that 2.18 MMT of it had been sold to Europe. They've also exported 1.52 MMT of corn, with European buyers taking 1.07 MMT of that.

Download



Comments


No comments posted yet. Be the first to post a comment

To post comment without approval login or register

Display name

Please enter your name

Email (optional)
Comment

Please enter your comment

Post Comment

Your comment submitted successfully.Please wait for admin approval.

Some error on your process.Please try one more time.



Jobs


17 March 2015
Farm Hedge Cutter and Flail MowerOperator
Farm Hedge Cutter and Flail Mower Operator Required July to October 2015 Experience essential Long hours expected High standa...

18 March 2015
Southern Area Manager/ Field Sales (Commercial Vehicle Bodybuilder)
With a strong vision to develop their market share in 2015/2016 and with the addition of headcount within their sales team in...

19 March 2015
AGRICULTURAL RECRUITMENT CONSULTANT - UK
Agricultural Recruitment Specialists are a market leading, highly prestigious and professional recruitment agency within the ...

24 March 2015
Reservations Assistant - The Seafood Restaurant
Taking reservations for cookery school courses, hotel rooms, Trevone Farm and Martindale; About the role:....

23 March 2015
Technician
You will work specifically on a project funded by NERC ( Natural Environment Research Council) , largely based at the Univers...




Top stories you may have missed
23 March 2015 | Cattle

UK butchers face difficulties to recruit...

Butchers in the UK are losing a generation through lack of training opportu...


20 March 2015 | Arable

Dust - the secret fertiliser?

NASA research has revealed how dust blown from the Sahara desert helps supp...


19 March 2015 | Arable

The Budget 2015: A Farmer's Budget?

“In the run up to the Budget 2015 most commentators were predicting that th...


17 March 2015 | News

UK's first floating solar power system l...

The UK’s first fully operational floating solar panel system has been unvei...


13 March 2015 | Animal Health

Labour and Conservatives clash over badg...

Axing the badger cull in England and Wales will save more than £120 million...


12 March 2015 | News

Solar could be cheapest energy source by...

By 2025, solar power could become one of the cheapest forms of energy in ma...


11 March 2015 | Finance

English buyers turn their attention to S...

Demand for Scottish farm land remains strong and continues to be better val...


9 March 2015 | Cattle

2020 vision for the Welsh red meat indus...

The Welsh red meat industry should aim to increase sales by at least 34 per...


6 March 2015 | News

MP raises egg industry concerns on trans...

Fears about the impact that a proposed transatlantic trade agreement could ...


Stay safe and legal when flying drones

The use of Unmanned Aerial Vehicles and Unmanned Aircraft Systems - or dron...