Elsewhere it's a different story.
In the United States, the world's leading corn producer, the worst drought in over half a century has depleted crops. The government estimates this year's production to be the lowest in the past six years.
In Russia, another top grain supplier, a heat wave has slashed the wheat harvest by around one-quarter.
The poor harvests are causing grain prices to spike and raising concerns about a global food crisis.
Peter Hazell, an expert on world food problems at Imperial College London, says relatively good yields in the European harvest this year is good news but won't resolve worries over food insecurity.
"Europe produces about 300 million tons of cereal each year. The U.S. produces about 400 million tons," he said. "To put that in perspective the world produces 2.4 billion tons a year. So Europe is a significant producer but it also has a lot of people and it actually exports quite a small amount."
Hazell says this year's poor harvests are likely to impact the world's poorest the most. And it wouldn't be the first time.
Four years ago, prices rose dramatically, making basic staples unaffordable for many.
The crisis contributed to economic and social instability in a number of countries and, in some places, to rioting.
Hazell says in recent years the ratio of supply and demand has become too finely balanced.
"All the food that we produce these days is used," he said. "Whereas in the past we always had surpluses - we don't have those surpluses anymore so when we get a drought there is a shock in the system, we do not have the stocks to release to buffer it."
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2013-11-27
2013-11-27
2013-11-27
2013-11-27
2013-11-27
2013-11-27