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The EU Joint Research Centre's May MARS bulletin says crop conditions across Europe remain generally favourable, with winter crops developing well. Yield forecasts were slightly reduced for April rainfall deficits in central, eastern and northern Europe and late frosts affecting rapeseed, but remain largely in line with or above the five-year average.
Europe's crop outlook is near average, which limits upside for EU wheat and rapeseed prices. Rapeseed frost damage is a modest supportive factor for canola meal and rapeseed oil.
joint-research-centre.ec.europa.euMay 18, 2026After 406 past neutral report events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -1.6% to +1.5%), and +0.0% 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.
