EU Crop Monitor Trims Yield Estimates, Warns Of Wheat Quality Damage

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.

• Jul 21, 2021Grain Harvest Picks Up In The EU After Downpour, Crop Quality In Focus | ESM Magazine-1.3%
• Aug 2, 2018Weather Woes Ravage Europe's Wheat Fields, Markets Race Higher | ESM Magazine+3.5%
• Jun 27, 2017EU Crop Monitor MARS lowers forecasts for wheat, barley+3.2%
• Aug 30, 2021Canada's Wheat Crop Reaches 14-Year Low, Canola Harvest Shrivels | ESM Magazine+0.2%
• May 2, 2017Storm Damages Midwest Wheat Crop; More Heavy Rain to Come-2.3%

After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% over 20.

• Aug 2, 2018Weather Woes Ravage Europe's Wheat Fields, Markets Race Higher | ESM Magazine+9.3%
• Jun 27, 2017EU Crop Monitor MARS lowers forecasts for wheat, barley+4.8%
• May 2, 2017Storm Damages Midwest Wheat Crop; More Heavy Rain to Come-0.6%
• Sep 5, 2018Wheat Rebounds On Supply Woes, Corn At Two-Week High | ESM Magazine-0.4%
• Mar 17, 2025U.S. grains: Wheat climbs on fears of wind damage to US crop - AgCanada+7.3%