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The EU Joint Research Centre's June MARS bulletin says growing conditions across Europe remain generally favourable, with EU winter crop yields forecast just above the five-year average but below last year. Dry spring weather and a May heatwave cut winter crop prospects in parts of western, central and eastern Europe, and summer crop water stress is rising.
Yields near average but below last year's levels mean EU grain supply is adequate but tighter than 2025, leaving wheat and corn prices broadly steady with some upside risk if the dryness persists.
joint-research-centre.ec.europa.euJun 22, 2026After 406 past neutral report events, WHEAT moved a median -0.2% over 5 sessions (47% higher; middle half -1.6% to +1.5%), and +0.0% over 20.
After 770 past neutral report events, CORN moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% 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.
