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France's agriculture ministry made only slight cuts to its 2026 crop forecast despite extreme heat, with soft wheat at 32 million tonnes and barley at 11.1 million tonnes, down 6.3%. The rapeseed forecast was held at 4.63 million tonnes, and Germany's grain forecast was cut by 5.6%.
Modest cuts to French and German grain estimates keep European wheat and barley supplies tighter, supporting prices, while unchanged rapeseed supply limits oilseed meal volatility.
ukragroconsult.comJul 21, 2026After 769 past bullish report events, Wheat (SRW) moved a median +0.2% over 5 sessions (53% higher; middle half -1.4% to +2.0%), and +0.2% over 20.
Not enough comparable past events yet for a historical read.
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.
