# MED-Amin: 1st Harvest Forecast Bulletin 2023 - CIHEAM Montpellier

> The first 2023 MED-Amin harvest bulletin warns that drought across the western Mediterranean is already hurting cereal growth in the Maghreb, particularly Algeria, Morocco and Tunisia. Dry conditions also raise concerns in southern France, eastern Spain and northern Italy, and winter cereal areas were reduced in Portugal.

- Date: 2023-04-19 · published 2023-04-19T12:00:00.000Z
- Category: weather · region Mediterranean · magnitude low
- Page: https://feedsoft.ai/events/36339-med-amin-1st-harvest-forecast-bulletin-2023-ciheam-montpellier
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Severe Maghreb and Mediterranean drought increases regional import demand for wheat and barley, supporting world grain prices.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-10-10 | [COCERAL forecasts the grain harvest in the EU-27 + UK at 289.8 mln tons.](https://feedsoft.ai/events/33560-coceral-forecasts-the-grain-harvest-in-the-eu-27-uk-at-289-8-mln-tons.md) | +0.2% | -1.8% |
| WHEAT | 2024-09-26 | [Argentine exchange forecasts soybean harvest at 52 mln tons](https://feedsoft.ai/events/13902-argentine-exchange-forecasts-soybean-harvest-at-52-mln-tons.md) | +1.0% | -6.2% |
| WHEAT | 2023-02-14 | [Wheat prices are supported by forecasts of a reduced harvest next season](https://feedsoft.ai/events/37374-wheat-prices-are-supported-by-forecasts-of-a-reduced-harvest-next-season.md) | -1.2% | -7.6% |
| WHEAT | 2021-08-12 | [Strategie Grains Lowers Forecast For EU Wheat, Barley Harvests \| ESM Magazine](https://feedsoft.ai/events/45509-strategie-grains-lowers-forecast-for-eu-wheat-barley-harvests-esm-magazine.md) | +2.5% | +4.2% |
| WHEAT | 2023-12-26 | [Brazil Forecasts Push Grain Markets Higher \| Tuesday, December 26, 2023](https://feedsoft.ai/events/11280-brazil-forecasts-push-grain-markets-higher-tuesday-december-26-2023.md) | +3.2% | +0.5% |

## Sources

- iamm.ciheam.org: https://www.iamm.ciheam.org/en/agendas/med-amin-1st-harvest-forecast-bulletin-2023/

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