# Short-term - Agriculture and rural development - European Commission

> The European Commission's short-term outlook projects EU cereal production at 262 million tonnes in 2026/27, down 9.6% year on year. Maize output is expected to fall about 20% below the five-year average after heatwaves and drought, and the outlook cites higher energy and transport costs from Middle East and Ukraine tensions.

- Date: 2022-05-05 · published 2022-05-05T12:00:00.000Z
- Category: weather · region EU · magnitude high
- Page: https://feedsoft.ai/events/41337-short-term-agriculture-and-rural-development-european-commission
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A sharp EU maize and cereal shortfall would increase import demand and firm global corn and wheat prices, while higher fertiliser and freight costs add to feed production expenses.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2026-10-01 | [European agriculture hit hard by exceptionally hot and dry summer](https://feedsoft.ai/events/17428-european-agriculture-hit-hard-by-exceptionally-hot-and-dry-summer.md) | -3.1% | +1.1% |
| WHEAT | 2025-04-02 | [ASAP assessment March 2025 - Joint Research Centre - European Commission](https://feedsoft.ai/events/25034-asap-assessment-march-2025-joint-research-centre-european-commission.md) | -0.8% | +1.9% |
| WHEAT | 2025-12-04 | [ASAP assessment November 2025 - Joint Research Centre - European Commission](https://feedsoft.ai/events/21416-asap-assessment-november-2025-joint-research-centre-european-commission.md) | -1.6% | -1.4% |
| WHEAT | 2025-06-01 | [Outlook for crops \| Agricultural Commodities](https://feedsoft.ai/events/24121-outlook-for-crops-agricultural-commodities.md) | +2.9% | +1.7% |
| WHEAT | 2022-01-04 | [Agriculture: Cocereal expects Romania's wheat harvest to drop to 7.9 million tons in 2022](https://feedsoft.ai/events/43079-agriculture-cocereal-expects-romania-s-wheat-harvest-to-drop-to-7-9-million.md) | +4.3% | +7.9% |
| CORN | 2026-10-01 | [European agriculture hit hard by exceptionally hot and dry summer](https://feedsoft.ai/events/17428-european-agriculture-hit-hard-by-exceptionally-hot-and-dry-summer.md) | -1.4% | -6.4% |
| CORN | 2025-12-04 | [ASAP assessment November 2025 - Joint Research Centre - European Commission](https://feedsoft.ai/events/21416-asap-assessment-november-2025-joint-research-centre-european-commission.md) | +0.4% | +0.1% |
| CORN | 2025-06-23 | [Escalating drought threatens Europe's ecosystems and agriculture - Joint Research Centre](https://feedsoft.ai/events/24141-escalating-drought-threatens-europe-s-ecosystems-and-agriculture-joint-research.md) | -1.5% | -3.7% |

## Sources

- agriculture.ec.europa.eu: https://agriculture.ec.europa.eu/data-and-analysis/markets/outlook/short-term_en

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