# COCERAL sees larger 2023 EU grain crop | World Grain

> COCERAL's second 2023 forecast puts the EU-27 plus UK grain crop at 303.5 million tonnes, slightly below December's 304.4 million but well above 2022's 290.7 million. The corn forecast was cut to 62.3 million tonnes, while wheat was raised to 144.5 million and barley trimmed to 59.6 million.

- Date: 2023-03-24 · published 2023-03-24T12:00:00.000Z
- Category: report · region EU · magnitude medium
- Page: https://feedsoft.ai/events/36793-coceral-sees-larger-2023-eu-grain-crop-world-grain
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

A larger EU crop than 2022 adds exportable supply and eases feed grain tightness, though the cut to corn and barley forecasts limits how bearish the outlook is for feed buyers.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼
- BARLEY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-03-07 | [Coceral projects larger E.U. grain crop \| 2019-03-07  \| World Grain](https://feedsoft.ai/events/60023-coceral-projects-larger-e-u-grain-crop-2019-03-07-world-grain.md) | -0.0% | -1.3% |
| WHEAT | 2021-05-19 | [Coceral revises EU grain crop upward  \| World Grain](https://feedsoft.ai/events/47028-coceral-revises-eu-grain-crop-upward-world-grain.md) | -2.8% | +2.2% |
| WHEAT | 2019-09-20 | [Coceral sees higher E.U. grain output \| 2019-09-20  \| World Grain](https://feedsoft.ai/events/57023-coceral-sees-higher-e-u-grain-output-2019-09-20-world-grain.md) | +2.5% | +3.3% |
| WHEAT | 2023-05-22 | [IGC sees record total grains output in 2023-24 \| World Grain](https://feedsoft.ai/events/35982-igc-sees-record-total-grains-output-in-2023-24-world-grain.md) | -0.4% | -4.6% |
| WHEAT | 2018-02-23 | [USDA sees mixed crop forecasts in 2018 \| World-grain.com \| February 23, 2018 15:54 \| World Grain](https://feedsoft.ai/events/66354-usda-sees-mixed-crop-forecasts-in-2018-world-grain-com-february-23-2018-15-54.md) | +1.9% | +1.2% |
| CORN | 2019-03-07 | [Coceral projects larger E.U. grain crop \| 2019-03-07  \| World Grain](https://feedsoft.ai/events/60023-coceral-projects-larger-e-u-grain-crop-2019-03-07-world-grain.md) | -1.0% | -0.7% |
| CORN | 2021-05-19 | [Coceral revises EU grain crop upward  \| World Grain](https://feedsoft.ai/events/47028-coceral-revises-eu-grain-crop-upward-world-grain.md) | -5.0% | +3.5% |
| CORN | 2021-09-10 | [COCERAL reduces crop projection for EU-27+UK  \| World Grain](https://feedsoft.ai/events/45013-coceral-reduces-crop-projection-for-eu-27-uk-world-grain.md) | +1.1% | -1.9% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/18289-coceral-sees-larger-2023-eu-grain-crop

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