EU slashes maize crop forecast again, increases wheat harvest estimate

After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.

• Aug 11, 2025France Raises Wheat Crop Estimate, Sees Fall In Maize Output | ESM Magazine-0.0%
• Nov 4, 2024EU cuts 2024/25 maize, soft wheat crop estimates+2.5%
• Jun 11, 2026COCERAL advanced the forecast for the wheat harvest in the EU and UK in 2026+0.4%
• May 13, 2025France reduces its soft wheat area estimates and predicts a drop in maize planting+2.3%
• Aug 26, 2025MARS raises EU soft wheat yield forecast to 6.15 t/ha+2.1%

After 1,006 past bearish report events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), and +0.3% over 20.

• Aug 6, 2019France Increases Wheat Crop Estimate, Cautious On Maize | ESM Magazine+0.1%
• Mar 3, 2025Australia increases wheat harvest forecast to 34.1 mln tons-3.4%
• Aug 7, 2017FranceAgriMer increases forecasts for wheat, maize and-3.8%
• Aug 11, 2025France Raises Wheat Crop Estimate, Sees Fall In Maize Output | ESM Magazine-1.0%
• Sep 19, 2019Strategy Grains raises forecasts for EU wheat harvests+2.2%