# Hot weather hits yields in EU and grain deal suspended - Farmers Weekly

> Extreme heat in Europe has damaged EU crop yields, though the EU Commission still forecasts 2023-24 cereals output at 278m tonnes, up 5%. Russia's suspension of the Black Sea grain deal and cuts to global production estimates gave wheat markets short-term support, with Paris milling wheat futures up €2.25/t on the week.

- Date: 2023-07-18 · published 2023-07-18T12:00:00.000Z
- Category: weather · region EU · magnitude medium
- Page: https://feedsoft.ai/events/35110-hot-weather-hits-yields-in-eu-and-grain-deal-suspended-farmers-weekly
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Heat-related yield losses in the EU and the Black Sea deal suspension tighten wheat export supply and lift prices for feed wheat buyers.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-04-24 | [Grain prices pushed higher as weather worries grow - Farmers Weekly](https://feedsoft.ai/events/10294-grain-prices-pushed-higher-as-weather-worries-grow-farmers-weekly.md) | +3.3% | -0.2% |
| WHEAT | 2017-04-19 | [Grain trade turns nervous on weather market - Farmers Weekly](https://feedsoft.ai/events/71556-grain-trade-turns-nervous-on-weather-market-farmers-weekly.md) | +1.2% | -0.1% |
| WHEAT | 2021-09-30 | [Grain prices surge as supply comes under pressure - Farmers Weekly](https://feedsoft.ai/events/45128-grain-prices-surge-as-supply-comes-under-pressure-farmers-weekly.md) | +5.6% | +8.7% |
| WHEAT | 2026-10-28 | [Grain Trends: EU yields well down](https://feedsoft.ai/events/104-grain-trends-eu-yields-well-down.md) | +0.2% | — |
| WHEAT | 2019-06-14 | [Feed weekly outlook: Grain prices strong as dry weather persists - Grainews](https://feedsoft.ai/events/58641-feed-weekly-outlook-grain-prices-strong-as-dry-weather-persists-grainews.md) | -6.0% | -8.3% |

## Sources

- fwi.co.uk: https://www.fwi.co.uk/business/markets-and-trends/crop-prices/hot-weather-hits-yields-in-eu-and-grain-deal-suspended

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