In Canada, Canadian Cattlemen reported that European Union soft wheat is expected to benefit from the escalating trade war between the United States and China, consultancy Strategie Grains said, as it raised its output estimates for all major EU cereals this year due to improved growing conditions.
The report noted that the EU has been a regular wheat supplier to China in recent years but demand has declined this season due to good local supplies.
In terms of supply and demand, Strategie Grains increased its forecast for EU soft wheat production in 2025/26, citing improved growing conditions, the report added.
The latest projection places EU soft wheat output at 128.1 million metric tons, up from 127.5 million tons forecast last month, it added.
“Although not spectacular, growing conditions for winter cereals improved in the EU27 thanks to the arrival of rains in the southeast EU countries, and a break in the rains across northwest Europe,” Strategie Grains said.
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Category: Food & Agriculture