Strategie Grains Sees Only Minimal Loss Of Grain Acres For 2009 Crop

Strategie Grains says that despite sharply lower prices, EU grain planted area for 2009 will decrease by just 2% to 1.07m hectares.

Some of last seasons set-aside acres will be returned to set-aside or planted with oilseeds or sugar beet, they say in a report.

Final EU-27 2008 production numbers have been refined higher than last months estimates with soft wheat production now seen at 140.1mmt, up from last months estimate of 139.5mmt. Barley production has also been revised higher this month to 65.8mmt, up 800,000mt and corn output is also seen higher at 61.0mmt, up 600,000mt.