# Quality worries in Europe as rain stalls harvest: Grain market daily | AHDB

> Wet weather stalled harvests in parts of Europe, including France and Germany, and raised quality concerns. Global wheat futures firmed after Ukrainian drones reportedly damaged a warship at Novorossiysk, though loadings there resumed, and US soybean futures rose on strong export sales and lower yield estimates.

- Date: 2023-08-04 · published 2023-08-04T12:00:00.000Z
- Category: weather · region EU · magnitude low
- Page: https://feedsoft.ai/events/34521-quality-worries-in-europe-as-rain-stalls-harvest-grain-market-daily-ahdb
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Quality concerns and Black Sea port disruption support wheat prices, while lower US soybean yield estimates lift soybean meal values for feed buyers.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-04-10 | [Heavy rains impact European crop conditions: Grain market daily \| AHDB](https://feedsoft.ai/events/30698-heavy-rains-impact-european-crop-conditions-grain-market-daily-ahdb.md) | -0.4% | -0.3% |
| WHEAT | 2021-07-16 | [Prices rally as Russian crop reduces: Grain market daily \| AHDB](https://feedsoft.ai/events/46105-prices-rally-as-russian-crop-reduces-grain-market-daily-ahdb.md) | +0.1% | -0.4% |
| WHEAT | 2020-08-14 | [Why have markets rallied while US crop estimates grow? Grain Market Daily \| AHDB](https://feedsoft.ai/events/11344-why-have-markets-rallied-while-us-crop-estimates-grow-grain-market-daily-ahdb.md) | +0.8% | +11.5% |
| WHEAT | 2019-12-31 | [Contrasting soil moisture picture between East and Western Europe: Grain Market Daily \| AHDB](https://feedsoft.ai/events/55526-contrasting-soil-moisture-picture-between-east-and-western-europe-grain-market.md) | +0.6% | -2.3% |
| WHEAT | 2024-04-26 | [Dry Russian winter wheat areas in focus: Grain market daily \| AHDB](https://feedsoft.ai/events/12145-dry-russian-winter-wheat-areas-in-focus-grain-market-daily-ahdb.md) | -2.3% | +21.2% |
| SOY | 2019-12-31 | [Contrasting soil moisture picture between East and Western Europe: Grain Market Daily \| AHDB](https://feedsoft.ai/events/55526-contrasting-soil-moisture-picture-between-east-and-western-europe-grain-market.md) | -0.5% | -4.9% |
| SOY | 2022-06-29 | [What’s driving the volatile grain market? Grain market daily \| AHDB](https://feedsoft.ai/events/40981-what-s-driving-the-volatile-grain-market-grain-market-daily-ahdb.md) | -5.0% | -5.1% |
| SOY | 2019-05-30 | [Crop Prices Climb on Worries Over Size, Quality of Harvest](https://feedsoft.ai/events/59121-crop-prices-climb-on-worries-over-size-quality-of-harvest.md) | -0.3% | +2.6% |

## Sources

- ahdb.org.uk: https://ahdb.org.uk/news/quality-worries-in-europe-as-rain-stalls-harvest-grain-market-daily

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