Study Tour Focused on France’s Seed Corn Industry
France’s Maize Seed Production news
Study Tour Focused on France’s Seed Corn Industry
The F.N.P.S.M.S organised a study tour allowing several participants from France, Romania, Bulgaria, Italy, and Spain to have a complete overview of the actors involved in seed multiplication in France, as well as a snapshot of the industry’s structure and of the methods used to ensure the high-quality standards of a sustainable sector.
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Promoting Corn Seeds in Romania
The FNPSMS attended the 2023 FarmConect event under the Seeds for Future promotion campaign and its mission was to emphasize the quality of European corn seeds – particularly of those produced in France (the world’s first corn seed exporter). Seed production and hybrid innovation are key elements for Europe’s leading position in agriculture and they allow producers to grow high-quality grains that are adapted to the continent’s climates.
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World Corn Market Situation Puts Pressure on Prices
The world corn stock increase has put heavy pressure on prices over the past couple of months. The pressure should continue at least until early 2024, at which point the onset of El Niño may change the trend.
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Harvest Situation and Production Outlook
Favourable weather has brought satisfactory seed corn productions in Europe, even above the levels estimated for 2023.
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Pressures on the price of maize
After reaching a peak in summer 2022 due to the war in Ukraine, maize prices have been under pressure for several months.
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European sole maize in 2023
While spring sowing has started throughout Europe, maize production faces a number of challenges, including the impact of the 2022 drought, an increase in costs and loss of competitiveness, reductions in livestock, etc. These factors have led to downgraded sowing forecasts for 2023.
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Seeds For The Future Campaign
Dozens of testimonials from experts, advice on how to grow maize successfully, from selecting the variety to harvesting. The Seeds for Future channel available on YouTube, offers a wide range of videos on maize production.
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Pressures on the price of maize – May 2023
After reaching a peak in summer 2022 due to the war in Ukraine, maize prices have been under pressure for several months.
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MACROECONOMIC UNCERTAINTIES EXERT PRESSURE ON CORN PRICES
World corn prices have gone down significantly in June, as a result of major uncertainties in the global macroeconomic layout. However, the fundamentals remain tense, and this should limit any further downward price trends.
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International Promotion Activities
During the month of June, we were able to carry out several international activities related to the Seeds for Future European promotion campaign, particularly through our participation in the FarmConect agriculture fair in Romania. Our campaign has entered a new – and successful – communication phase, with a growing number of people who are interested in our websites.
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