Spain Lifts Barley-Crop Forecast on Smaller Yield Drop

Spain raised its estimate for barley production this year as yields dropped less than expected previously, and lifted the forecast for corn.

The barley harvest probably fell 27 percent to 6.04 million metric tons from 8.33 million tons in 2011, based on the situation at the end of July, the Agriculture Ministry reported on its website today. That’s better than a previous forecast for a barley crop of 5.79 million tons.

Spain had its second-driest summer in 60 years, the ministry’s weather service said in a separate report today. The period from June through to August was the fourth-warmest since 1961, according to the report.

Corn production is forecast to climb 3.3 percent to 4.29 million tons, more than the 2.5 percent increase predicted in a previous report.

Spain’s soft-wheat harvest is estimated at 4.64 million tons, falling 22 percent from last year, while durum wheat production plunged an estimated 50 percent to 472,800 tons.

To contact the reporter on this story: Rudy Ruitenberg in Paris at rruitenberg@bloomberg.net

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net

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