Bloomberg News

Spain Cuts Forecast for Soft Wheat, Expects Bigger Corn Crop

July 25, 2012

Spain cut the outlook for soft-wheat and barley production this year after the country had its fourth-hottest June since 1960 and less rain than usual. The government predicted a bigger corn crop.

The soft-wheat harvest is forecast to slide 22 percent to 4.63 million metric tons, compared with a previous forecast for production of 4.91 million tons, the Agriculture Ministry wrote in a report on its website today.

June was “extremely warm,” with temperatures on average at 22.7 degrees Celsius (72.9 degrees Fahrenheit) and rainfall that was 56 percent of normal, the ministry reported on July 4. That followed below-normal rain in May, a wetter-than-usual April and the driest December-to-February period since at least 1947, according to ministry data.

Spain’s barley crop is expected to slide 31 percent to 5.79 million tons, from a previous outlook of 6.07 million tons. The forecasts are based on the situation as of June 30.

Farmers will harvest 4.26 million tons of corn, 2.5 percent more than the 4.15 million tons in 2011 after planting increased 4.8 percent, the ministry wrote. Spain is the European Union’s biggest corn importer.

To contact the editor responsible for this story: Rudy Ruitenberg at rruitenberg@bloomberg.net


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