# Coceral raises 2024 EU plus UK wheat crop projection, cuts barley and rapeseed projections

> Coceral raised its EU plus UK soft wheat forecast by 0.4 million tonnes to 134.5 million tonnes, still 4% below 2023. It cut its barley and rapeseed forecasts and raised its maize estimate to 64.8 million tonnes.

- Date: 2024-07-12 · published 2024-07-12T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/29190-coceral-raises-2024-eu-plus-uk-wheat-crop-projection-cuts-barley-and-rapeseed
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower EU rapeseed and barley offset a slightly larger wheat crop, tightening feed-grade supplies and supporting rapeseed meal and barley prices.

## Read by commodity

- CORN: neutral
- WHEAT: neutral
- BARLEY: bullish ▲
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-11-01 | [COCERAL predicts 134.5 mln t of 2024 wheat crop in EU plus UK](https://feedsoft.ai/events/43993-coceral-predicts-134-5-mln-t-of-2024-wheat-crop-in-eu-plus-uk.md) | +9.3% | +8.1% |
| WHEAT | 2026-06-11 | [COCERAL advanced the forecast for the wheat harvest in the EU and UK in 2026](https://feedsoft.ai/events/18757-coceral-advanced-the-forecast-for-the-wheat-harvest-in-the-eu-and-uk-in-2026.md) | +4.1% | +2.3% |
| WHEAT | 2025-03-28 | [EU expects growth in wheat and rapeseed harvests](https://feedsoft.ai/events/25501-eu-expects-growth-in-wheat-and-rapeseed-harvests.md) | -1.4% | +2.0% |
| WHEAT | 2023-04-23 | [AAFC raises canola stocks projections - Grainews](https://feedsoft.ai/events/36359-aafc-raises-canola-stocks-projections-grainews.md) | -8.3% | -10.0% |
| WHEAT | 2026-04-10 | [USDA Raises Wheat, Corn and Soy Price Estimates - Farm Policy News](https://feedsoft.ai/events/19746-usda-raises-wheat-corn-and-soy-price-estimates-farm-policy-news.md) | +3.8% | +0.3% |
| CORN | 2016-12-22 | [Agriculture and AgriFood Canada raises 2016-17 grain and oilseed ending stock projections - AgCanada](https://feedsoft.ai/events/73439-agriculture-and-agrifood-canada-raises-2016-17-grain-and-oilseed-ending-stock.md) | +0.4% | +3.0% |
| CORN | 2024-03-08 | [PF Report Reaction: USDA cuts global ending stocks for corn, soybeans, wheat and cotton - Pro Farmer](https://feedsoft.ai/events/31133-pf-report-reaction-usda-cuts-global-ending-stocks-for-corn-soybeans-wheat-and.md) | -0.3% | -3.1% |
| CORN | 2022-02-09 | [USDA cuts global ending stocks for beans, wheat, cotton and corn - Pro Farmer](https://feedsoft.ai/events/42671-usda-cuts-global-ending-stocks-for-beans-wheat-cotton-and-corn-pro-farmer.md) | +0.5% | +15.2% |

## Sources

- energynews.oedigital.com: https://energynews.oedigital.com/environment/2024/07/12/coceral-raises-2024-eu-plus-uk-wheat-crop-projection-cuts-barley-and-rapeseed-projections

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.