Strategie Grains has lowered its forecast for EU wheat production

After 1,072 past bullish weather events, Wheat (SRW) moved a median +0.2% over 5 sessions (55% higher; middle half -1.4% to +2.3%), and +0.3% over 20.

• Aug 12, 2021Strategie Grains Lowers Forecast For EU Wheat, Barley Harvests | ESM Magazine+2.5%
• Aug 8, 2017Wheat production forecast down: NAB - Grain Central+0.5%
• Jul 14, 2023Strategie Grains cuts EU cereal crop forecasts again on weather toll+3.5%
• Sep 24, 2020Wheat prices rose because of lower production forecast for Argentina+6.7%
• Jul 25, 2018Strategie Grains cuts EU soft wheat crop estimate to 6-year low | The Western Producer-0.6%

After 445 past neutral weather events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.6%), and +0.7% over 20.

• Jun 13, 2023Coceral cuts EU 27 soft wheat production forecast to last year’s level+0.9%
• Aug 1, 2023Tough summer hits EU grain production outlook - Grain Central-2.3%
• Jul 12, 20172017 will see the lowest U.S. barley production on record-4.1%
• Dec 9, 2016Long-term forecasters rethinking weather prediction methods+2.4%
• Oct 21, 2025How Current Weather Trends Are Shaping Global Grain Production - AgWeb+1.0%

Not enough comparable past events yet for a historical read.