Strategie Grains cuts EU sunflower crop estimate again on bad weather
PARIS, Oct 25 (Reuters) -Strategie Grains has again lowered its forecast for this year's sunflower seed harvest in the European Union, mainly due to rain disruption to the French harvest and dire results in Romania, the consultancy said on Friday.
In an oilseed crop report, it kept unchanged its estimate of this year's EU rapeseed harvest, ending a run of five successive monthly downgrades, and said early growing conditions for the next crop were mostly favourable.
EU sunflower seed output in 2024 was now expected at 8.8 million metric tons against 8.9 million forecast last month and 11% below last year's level, Strategie Grains said.
That would be the smallest EU sunflower seed harvest since 2016, according to European Commission data.
"Many fields have not yet been harvested in France because of heavy rainfall, and the sunseed harvest is expected to last until November," Strategie Grains said.
"The crop was catastrophic in Romania and Bulgaria, while the yield held up better in Hungary and the central EU countries."
Romania and Bulgaria endured drought and heatwaves this summer that withered sunflower and maize crops.
Strategie Grains had already cut its EU sunflower crop forecast last month by 0.4 million tons last month, mainly due to poor yields in southeast Europe.
For rapeseed, the EU's main oilseed crop, 2024 output was still estimated by Strategie Grains at 16.7 million tons, down 16.5% from last year and the lowest volume since 2020.
Prospects for next year's rapeseed harvest were more promising. After estimating last month that the sown area would increase by around 4%, Strategie Grains said in its latest report that field conditions appeared generally positive.
In France, heavy rain has eased in the east of the country since mid-October, which should boost crop growth, it said.
Conditions were also favourable in the eastern EU, including Romania and Bulgaria, though waterlogged soil may hamper rapeseed in parts of Czech Republic, Austria, and Slovakia, it added.
Reporting by Gus Trompiz; editing by David Evans
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