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Sweden's grain output expected to decline

Created at 30 Jun · 1:25 PM1 source↑ Market-relevant
IN SHORT

Sweden's grain production is anticipated to decrease, with winter wheat particularly affected by winter damage, according to Lantmännen. This follows a significant drop in overall gross farm income in 2023.

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Key Numbers

50%drop in overall gross farm income in 2023
SEK 9.1 billionoverall gross farm income in 2023
2023year of farm income drop
2019–2021period with similar farm income levels

Who's Involved

Lantmännen
agricultural cooperative reporting winter damage
Sweden's grain output expected to decline

↳ Why This Matters

The decline in Swedish grain output and farm income could impact domestic food supply and potentially affect global grain markets, especially if the trend continues or spreads to other regions. It also highlights the vulnerability of agricultural production to climate conditions and price volatility.

Key facts

  • Sweden's grain production is expected to decrease.
  • Winter wheat has suffered significant damage.
  • Overall gross farm income in Sweden fell by 50% in 2023.
  • Falling grain prices and static production costs are cited as reasons for the income decline.

Sweden's grain output is expected to decline, with winter wheat particularly affected by damage sustained over the winter, according to agricultural cooperative Lantmännen. This projected decrease follows a substantial 50% drop in overall gross farm income in 2023, which fell to SEK 9.1 billion. Lantmännen attributes this income reduction to falling grain prices and static production outlays, though the overall income figure remains similar to levels seen between 2019 and 2021. Sweden's agricultural productivity is influenced by its varied climate and soil types, with the southern regions being the most agriculturally productive due to longer growing seasons. Wheat, oil plants, and sugar beet are common in the south, while barley and oats are more prevalent further north, primarily for animal feed.

Frequently asked questions

Winter damage has particularly affected winter wheat, leading to an expected overall decline in grain production.

Overall gross farm income in Sweden dropped by 50% in 2023 compared to the previous year, reaching SEK 9.1 billion.

Falling grain prices and static production outlays were cited as the reasons for the decrease in farm income.

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How It Developed

Sweden's grain output is expected to decline.
Winter wheat has been particularly hard hit by winter damage.
Overall gross farm income in Sweden dropped 50% in 2023 compared to the previous year.
Falling grain prices and static production outlays contributed to the income drop.

Sources

T1
Sweden’s grain output expected to declineWorld Grain
T2
Grain: World Markets and Tradeapps.fas.usda.gov
T2
Agriculture in Sweden - Wikipediaen.wikipedia.org

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