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Carbon Brief summarizes how this summer's extreme heat, drought and wildfires reduced European crop output and yields. Cereal production is expected to fall in most EU countries, and the piece cites about €2bn in cereal losses after a June heatwave and a four-decade low in French maize.
Broad European crop losses reduce feed grain supply and support corn and wheat prices, although this is a retrospective overview of already-known losses.
carbonbrief.orgCarbon BriefOct 1, 2026After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% over 20.
After 1,072 past bullish weather events, Wheat (SRW) moved a median +0.2% over 5 sessions (55% higher; middle half -1.4% to +2.3%), and +0.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
