Europe’s Heatwave Causes €2bn in Crop Losses

Europe’s June heatwave cost grain farmers an estimated €2bn in lost revenue and reduced the continent’s harvest by about nine million tonnes, according to the trade association Coceral.

The EU and the United Kingdom are now expected to record their smallest grain harvest since 2018, raising concerns about food prices.

Maize was badly affected during the crucial pollination period, while wheat suffered during the grain-filling stage, when crops need sufficient moisture. Analysts warn that the losses will reduce farmers’ incomes and undermine European food security.

France is expected to suffer the largest decline, losing an estimated 3.4 million tonnes of maize. The country’s total grain losses are valued at €891m. Hungary is expected to lose 2.4 million tonnes of grain and Spain 1.4 million tonnes.

Drought and heat have also affected the United Kingdom following a dry spring. Farmers in several regions have reported poor crop development, while many have had to begin harvesting earlier than usual.

Lower production is expected to increase Europe’s dependence on grain imports and could push global commodity prices higher. Supplies are also tightening as severe drought in southern and western parts of the United States affects grain and meat production.

(Guardian, bak)