EU raises 2021/22 wheat crop forecast to 127.7 mln T
The European Commission on Friday raised its forecast of usable production of common wheat in European Union’s 27 member countries in 2021/22 to 127.7 million tonnes from 125.8 million estimated last month.
That compared with a 2020/21 crop of 117.2 million tonnes, the Commission’s monthly supply and demand data showed.
The Commission kept unchanged its outlook for EU common wheat exports in 2021/22 at 30.0 million tonnes estimated in June. That compared with an expected estimate of27.0 million tonnes in the current 2020/21 season that ended on June 30.
Source: Reuters (Reporting by Forrest Crellin, editing by Sybille de La Hamaide)