Coceral cuts EU 27 soft wheat production forecast to last year’s level

After 1,072 past bullish weather events, WHEAT moved a median +0.2% over 5 sessions (55% higher; middle half -1.4% to +2.3%), and +0.3% over 20.

• Aug 8, 2017Wheat production forecast down: NAB - Grain Central+0.5%
• Jun 13, 2018Australia cuts wheat production forecast | World-grain.com | June 12, 2018 20:28 | World Grain-2.0%
• Feb 16, 2024Strategie Grains has lowered its forecast for EU wheat production+1.0%
• Jun 19, 2018Wheat production forecasts diminishing | The Land | NSW-0.7%
• Jul 25, 2018Strategie Grains cuts EU soft wheat crop estimate to 6-year low | The Western Producer-0.6%

Not enough comparable past events yet for a historical read.

After 445 past neutral weather events, CORN moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.6%), and +0.7% over 20.

• Feb 16, 2024Strategie Grains has lowered its forecast for EU wheat production+0.5%
• Aug 1, 2023Tough summer hits EU grain production outlook - Grain Central-2.3%
• Jul 12, 20172017 will see the lowest U.S. barley production on record-4.1%
• Jul 22, 2019MARS cuts earnings forecasts from the previous month-2.0%
• Aug 19, 2025El Niño and La Niña affect grain production in Goiás and the Federal District - Cultivar Magazine+1.2%