# EU wheat eases, rapeseed hits new high - Markets - Business Recorder

> Euronext September wheat settled down 0.6% at 225.50 euros a tonne on May 12, 2021 as cereal markets consolidated after a rally. Euronext August rapeseed climbed to a new life-of-contract high. The USDA's first global outlook for 2021/22 projected ample global wheat stocks.

- Date: 2021-05-12 · published 2021-05-12T12:00:00.000Z
- Category: report · region EU · magnitude low
- Page: https://feedsoft.ai/events/11413-eu-wheat-eases-rapeseed-hits-new-high-markets-business-recorder
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Ample global wheat stocks weigh on wheat prices, while rapeseed strength supports oilseed meal values and crush margins.

## Read by commodity

- WHEAT: bearish ▼
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-10-04 | [Chicago wheat down - Markets - Business Recorder](https://feedsoft.ai/events/7138-chicago-wheat-down-markets-business-recorder.md) | +4.6% | +4.7% |
| WHEAT | 2021-04-13 | [France sees 2021 wheat area rise; barley, rapeseed and sugar beet fall - Markets - Business Recorder](https://feedsoft.ai/events/47530-france-sees-2021-wheat-area-rise-barley-rapeseed-and-sugar-beet-fall-markets.md) | +4.1% | +7.2% |
| WHEAT | 2021-09-07 | [Australia lifts wheat forecast - Markets - Business Recorder](https://feedsoft.ai/events/45030-australia-lifts-wheat-forecast-markets-business-recorder.md) | +1.8% | +5.2% |
| WHEAT | 2020-06-15 | [EU wheat at near 3-month low as ample supply continues to weigh - Markets - Business Recorder](https://feedsoft.ai/events/11071-eu-wheat-at-near-3-month-low-as-ample-supply-continues-to-weigh-markets.md) | -1.5% | -5.3% |
| WHEAT | 2025-06-24 | [Southern Europe lifts EU wheat yield outlook - Markets - Business Recorder](https://feedsoft.ai/events/24138-southern-europe-lifts-eu-wheat-yield-outlook-markets-business-recorder.md) | +1.4% | -1.8% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40092210

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.