Continued drier-than-usual conditions throughout Europe

The yield outlook for EU winter crops was slightly reduced for the third consecutive month. At EU level, the yield forecasts for soft wheat, durum wheat and winter barley are now just below the 5-year average. The forecasts for rapeseed, maize and sunflowers were also reduced but remain at, or just above, the 5-year average. Forecasts for sugar beet, potatoes, and soybeans (still mostly based on historical trends), as well as spring barley, remain essentially unchanged.