MARS raises EU soft wheat yield forecast to 6.15 t/ha

After 1,006 past bearish report events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), and +0.3% over 20.

• May 17, 2024Strategie Grains raises EU soft wheat crop forecast to 123.5 mln tons+19.4%
• Sep 19, 2019Strategy Grains raises forecasts for EU wheat harvests+2.2%
• Sep 13, 2017France raises again its forecast for soft wheat production+0.7%
• May 28, 2022Coceral Association raises forecast for soft wheat in EU and UK after rains-2.1%
• Nov 9, 2021France raises crop forecasts for wheat, maize and+1.8%

After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.

• Jun 25, 2024MARS lowered yield forecasts for wheat, corn and rapeseed for the EU-4.9%
• Aug 11, 2025France raises wheat harvest forecast but expects corn production to decline-0.0%
• Aug 25, 2022EU slashes maize crop forecast again, increases wheat harvest estimate | Reuters+1.2%
• Jun 24, 2021EU trims 2021/22 wheat harvest and stocks forecasts - Markets - Business Recorder+4.6%
• Mar 17, 2017Strategie Grains Increased Its Forecast On Wheat And Barley Yields In The EU, But Decreased Its Corn Forecast-1.8%

Not enough comparable past events yet for a historical read.