German Wheat Outlook Raised by DRV as Weather Compensates Delays

Germany’s wheat crop, the European Union’s second-biggest, will be larger than forecast last month after favorable weather allowed plants to catch up delays due to a long winter, Deutscher Raiffeisenverband e.V. said.

Wheat production may climb 6.1 percent to 23.8 million metric tons from 22.4 million tons last year, the Berlin-based farm group wrote today in a forecast on its website. The outlook was raised from 23.2 million tons last month.

The weather in Germany in recent weeks allowed for good crop development, according to the DRV. That’s after a chilly spring had held back growth of crops in northern Europe, with Germany experiencing its fourth-coldest March since the start of the 20th century.

Grains “were to a large extent able to make up the delay from the delayed spring,” DRV wrote. “The crops are generally in robust condition.”

The DRV raised its wheat-yield forecast to 7.55 tons per hectare (2.47 acres) from its previous outlook of 7.38 tons, and compared with last year’s 7.33 tons.

Germany’s barley harvest is forecast to drop to 9.99 million tons from 10.4 million tons in 2012 on lower seeding, beating an April outlook of 9.75 million tons. Corn output may fall 19 percent to 4.45 million tons on a smaller seeded area, DRV said. Some German farmers had planted the grain last year to replace winter crops damaged by freezing temperatures that weren’t repeated this year.

The winter rapeseed harvest is expected to climb 12 percent to 5.36 million tons from 4.8 million tons last year, compared with last month’s expectation for a 5.15 million-ton crop, according to the DRV.

Germany’s total grain production is seen at 45.5 million tons, more than an April forecast for 44.4 million tons as well as the DRV’s initial March outlook for output of 45.2 million tons. Farmers reaped 45.2 million tons of grains last year, according to the group.

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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