Corn grain price forecasts in Poland

The article reports on the early start of the silage and grain corn harvest in Poland due to favorable weather conditions, with the first forage harvesters beginning in the second week of August. The total cultivation area, including both types of corn, is approximately 1.8 million hectares, similar to the record year of 2023. However, the harvest is expected to be reduced by 1 million tonnes due to drought, with some regions experiencing yields as low as 70-80% of the previous year. Corn prices for the season are anticipated to be high due to expected grain shortages, with wet corn around PLN 500 per ton and dry corn around PLN 800. The final assessment of the harvest, both in Poland and globally, is not yet available.

The silage corn harvest started very early this year – at the time of writing this article, in the second ten days of August, the first forage harvesters had already left for weak positions. Similarly, the grain corn harvest may also start earlier than usual. According to data from Prof. Tadeusz Michalski, president of the Polish Association of Corn Producers, this year is cultivated on approx. 1.15 million ha. In total, together with silage corn, the area of cultivation is similar to that in the record year of 2023 and exceeds 1.8 million ha. Due to drought, the harvest may be lower than in the previous season by 1 million tonnes, i.e. it may be around 7 million tonnes. However, according to the head of the PZPK, it is difficult to estimate it precisely at this stage, i.e. from the perspective of August. However, it is clear that drought has taken its toll in some regions. At the moment, many plantations are already dry and they predict yields at a level of at most 70-80 percent ...