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Foreign media news on October 19: Germany's Leif Eissen Association (DRV) reported on Wednesday that Germany's cereal corn production in 2022 is estimated at 3.
54 million tons, down 20.
2% year-on-year, because of the prolonged drought and heat
this summer.
54 million tons, down 20.
2% year-on-year, because of the prolonged drought and heat
this summer.
This year's corn harvests in other European countries, especially France, have also been damaged
by extreme summer drought and heatwaves.
French corn production is expected to hit its lowest level
in 15 years.
by extreme summer drought and heatwaves.
French corn production is expected to hit its lowest level
in 15 years.
The association said the U.
S.
has also lowered its corn production forecast for this year, and global corn supplies are expected to tighten
.
S.
has also lowered its corn production forecast for this year, and global corn supplies are expected to tighten
.
Germany has low corn production and has traditionally been a corn importer, mainly dependent on supplies from Ukraine
.
Despite the conflict, Ukraine has achieved surprisingly good harvests, with grain exported through the Black Sea corridor and alternative routes such as the Danube almost returning to pre-Russian-Ukrainian levels
, according to the association.
.
Despite the conflict, Ukraine has achieved surprisingly good harvests, with grain exported through the Black Sea corridor and alternative routes such as the Danube almost returning to pre-Russian-Ukrainian levels
, according to the association.
The association noted that it is uncertain whether the Black Sea Export Corridor will be extended
after the expiration of the existing agreement in November.
In the event of a disruption of sea routes, supply bottlenecks
worldwide cannot be ruled out.
after the expiration of the existing agreement in November.
In the event of a disruption of sea routes, supply bottlenecks
worldwide cannot be ruled out.