# Rains taking toll on EU soft wheat area

> Strategie Grains estimates EU-27 soft wheat area for the 2024 crop at 0.9% below 2023 because of heavy rain, which has brought French sowing close to a halt. It warns yields could fall short of potential, as in 2020, especially in France. The consultancy raised its 2023 maize estimate to 61 million tonnes.

- Date: 2023-11-20 · published 2023-11-20T12:00:00.000Z
- Category: weather · region EU · magnitude medium
- Page: https://feedsoft.ai/events/33130-rains-taking-toll-on-eu-soft-wheat-area
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower planted area and possible yield shortfalls point to smaller EU wheat supplies in 2024, supporting feed wheat prices, while a larger maize crop partly offsets feed grain tightness.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-11-16 | [Rains taking toll on EU soft wheat area \| World Grain](https://feedsoft.ai/events/33133-rains-taking-toll-on-eu-soft-wheat-area-world-grain.md) | +3.7% | +0.5% |
| WHEAT | 2024-09-20 | [Weather takes toll on EU grain crops \| World Grain](https://feedsoft.ai/events/28261-weather-takes-toll-on-eu-grain-crops-world-grain.md) | +11.5% | +6.1% |
| WHEAT | 2019-05-30 | [U.S. grains: Wheat, corn, soy rally on weather woes - Grainews](https://feedsoft.ai/events/9307-u-s-grains-wheat-corn-soy-rally-on-weather-woes-grainews.md) | +9.6% | +16.2% |
| WHEAT | 2023-12-15 | [European wheat crop already on the ropes](https://feedsoft.ai/events/32654-european-wheat-crop-already-on-the-ropes.md) | +2.0% | +3.1% |
| WHEAT | 2017-09-27 | [U.S. grains: Wheat rises to one-month top on technical buying - AgCanada](https://feedsoft.ai/events/8514-u-s-grains-wheat-rises-to-one-month-top-on-technical-buying-agcanada.md) | +6.0% | +11.0% |
| CORN | 2023-11-16 | [Rains taking toll on EU soft wheat area \| World Grain](https://feedsoft.ai/events/33133-rains-taking-toll-on-eu-soft-wheat-area-world-grain.md) | +0.0% | -2.2% |
| CORN | 2017-06-28 | [U.S. grains: Spring wheat futures top US$7 on weather worries - Grainews](https://feedsoft.ai/events/70514-u-s-grains-spring-wheat-futures-top-us-7-on-weather-worries-grainews.md) | +5.6% | +3.0% |
| CORN | 2019-04-03 | [U.S. grains: Improving weather view weighs on wheat - AgCanada](https://feedsoft.ai/events/59643-u-s-grains-improving-weather-view-weighs-on-wheat-agcanada.md) | -1.1% | -1.6% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/rains-taking-toll-on-eu-soft-wheat-area/

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