# EU Crop Monitor Trims Yield Estimates, Warns Of Wheat Quality Damage | ESM Magazine

> The EU crop monitoring service MARS cut its soft wheat, grain maize and rapeseed yield forecasts for a third consecutive month. It warned of significant wheat quality losses after almost daily rain in north-western France, the Benelux and south-western Germany.

- Date: 2023-08-22 · published 2023-08-22T12:00:00.000Z
- Category: weather · region EU · magnitude medium
- Page: https://feedsoft.ai/events/34517-eu-crop-monitor-trims-yield-estimates-warns-of-wheat-quality-damage-esm-magazine
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Quality downgrades push more wheat into feed channels and reduce EU maize yield expectations, supporting feed grain prices.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-07-21 | [Grain Harvest Picks Up In The EU After Downpour, Crop Quality In Focus \| ESM Magazine](https://feedsoft.ai/events/46026-grain-harvest-picks-up-in-the-eu-after-downpour-crop-quality-in-focus-esm.md) | -1.3% | +1.0% |
| WHEAT | 2018-08-02 | [Weather Woes Ravage Europe's Wheat Fields, Markets Race Higher \| ESM Magazine](https://feedsoft.ai/events/63469-weather-woes-ravage-europe-s-wheat-fields-markets-race-higher-esm-magazine.md) | +3.5% | +1.5% |
| WHEAT | 2017-06-27 | [EU Crop Monitor MARS lowers forecasts for wheat, barley](https://feedsoft.ai/events/70430-eu-crop-monitor-mars-lowers-forecasts-for-wheat-barley.md) | +3.2% | -2.8% |
| WHEAT | 2021-08-30 | [Canada's Wheat Crop Reaches 14-Year Low, Canola Harvest Shrivels \| ESM Magazine](https://feedsoft.ai/events/45663-canada-s-wheat-crop-reaches-14-year-low-canola-harvest-shrivels-esm-magazine.md) | +0.2% | +0.5% |
| WHEAT | 2017-05-02 | [Storm Damages Midwest Wheat Crop; More Heavy Rain to Come](https://feedsoft.ai/events/7003-storm-damages-midwest-wheat-crop-more-heavy-rain-to-come.md) | -2.3% | -1.4% |
| CORN | 2018-08-02 | [Weather Woes Ravage Europe's Wheat Fields, Markets Race Higher \| ESM Magazine](https://feedsoft.ai/events/63469-weather-woes-ravage-europe-s-wheat-fields-markets-race-higher-esm-magazine.md) | +9.3% | -3.4% |
| CORN | 2017-06-27 | [EU Crop Monitor MARS lowers forecasts for wheat, barley](https://feedsoft.ai/events/70430-eu-crop-monitor-mars-lowers-forecasts-for-wheat-barley.md) | +4.8% | +2.4% |
| CORN | 2017-05-02 | [Storm Damages Midwest Wheat Crop; More Heavy Rain to Come](https://feedsoft.ai/events/7003-storm-damages-midwest-wheat-crop-more-heavy-rain-to-come.md) | -0.6% | +1.5% |

## Sources

- esmmagazine.com: https://www.esmmagazine.com/supply-chain/eu-crop-monitor-trims-yield-estimates-warns-of-wheat-quality-damage-247789

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