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Prospects of corn production and exports in 2018/19

According to the May forecast of European Commission, in 2018 EU corn seeding area is going to increase year over year by 1.2% to 8490 Th ha compared to last year. Area is expected to rebound in Spain after severe drought in summer 2017 and higher seeding prospects are envisaged for Romania and Hungary, which export corn to the third countries. As for France, which is the top exporter of corn to the domestic market of EU, seeding area is going to remain stable due to less ...

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