# Drought and Hot Temperatures Negatively Impact European Union Grain Production | Farm Policy News | Illinois

> USDA's Foreign Agricultural Service cut its 2022/23 EU corn production forecast to 60.0 million tonnes, down 12% from last month and 15% below last year. Searing heat and drought during pollination diminished yields in southern Europe. Area was slightly above the five-year average.

- Date: 2022-08-16 · published 2022-08-16T12:00:00.000Z
- Category: report · region EU · magnitude medium
- Page: https://feedsoft.ai/events/39997-drought-and-hot-temperatures-negatively-impact-european-union-grain-production
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A sharply lower EU corn crop increases reliance on imports, supporting global corn prices and raising feed costs for buyers.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-10-12 | [Smaller Corn and Soybean Supply Forecast, as Derecho Harvest Impact Grows \| Farm Policy News \| Illinois](https://feedsoft.ai/events/11788-smaller-corn-and-soybean-supply-forecast-as-derecho-harvest-impact-grows-farm.md) | +2.1% | +5.7% |
| CORN | 2020-01-11 | [Illinois corn, soybean production drops by roughly 20 percent \| Capitol News Illinois](https://feedsoft.ai/events/54938-illinois-corn-soybean-production-drops-by-roughly-20-percent-capitol-news.md) | +0.6% | -0.6% |
| CORN | 2019-07-01 | [Federal Reserve: Observations on the Ag Economy- July 2019 \| Farm Policy News \| Illinois](https://feedsoft.ai/events/9495-federal-reserve-observations-on-the-ag-economy-july-2019-farm-policy-news.md) | +1.3% | +0.2% |
| CORN | 2021-11-11 | [China’s Coarse Grain Imports for 2020/21, Doubles the Previous Record \| Farm Policy News \| Illinois](https://feedsoft.ai/events/14983-china-s-coarse-grain-imports-for-2020-21-doubles-the-previous-record-farm.md) | -0.8% | +3.4% |
| CORN | 2017-10-27 | [USDA-FAS Report: China and Biofuels \| Farm Policy News \| Illinois](https://feedsoft.ai/events/68452-usda-fas-report-china-and-biofuels-farm-policy-news-illinois.md) | -0.2% | -5.4% |

## Sources

- farmpolicynews.illinois.edu: https://farmpolicynews.illinois.edu/2022/08/drought-and-hot-temperatures-negatively-impact-european-union-grain-production/

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