German 2009 Grain Production Revised Lower

The association of German farm cooperatives (DRV) estimates that 2009 grain production in Germany will total 47.3 MMT, compared to its previous estimate of 47.5 MMT. That would represent at 5% reduction on last year’s output of 49.8 MMT. German trading house Toepfer currently estimate production at 46.5 MMT, a 6.6% drop on last season.

Wheat production from the DRV is seen down 5% at 24.7 MMT, whilst Toepfer see it 7.3% lower at 24.1 MMT.