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The USDA attaché in Madrid projects EU wheat production in 2026-27 at 136.8 million tonnes, down from 145.1 million in 2025-26, on harvested area of 23.65 million hectares and yields of 5.78 t/ha. The attaché noted room for higher yields if spring and early summer weather is favorable.
A smaller EU crop with imports forecast slightly higher at 6.5 million tonnes modestly supports wheat prices and EU import demand, though the outlook remains tied to spring weather.
grainews.caGlen HallickApr 22, 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.
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.
