# La Niña Wheat Prices And Market Volatility

> The European Commission cut its soft wheat forecast slightly to 127.2 million tonnes from 127.7 million, while keeping its 2021/22 EU wheat export outlook at 30 million tonnes. Harvest rains and quality problems were reported across France, Germany and Poland, and a hot July hurt crops in the Nordics and Baltics.

- Date: 2021-09-01 · published 2021-09-01T12:00:00.000Z
- Category: weather · region Europe · magnitude low
- Page: https://feedsoft.ai/events/45014-la-nina-wheat-prices-and-market-volatility
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Quality-damaged European wheat reduces the share eligible for export milling, while a maintained export outlook suggests supplies remain adequate, leaving prices supported but not sharply higher.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2026-01-26 | [Wheat: Cold ground, hot market: wheat prices rise](https://feedsoft.ai/events/21101-wheat-cold-ground-hot-market-wheat-prices-rise.md) | +2.3% | +5.5% |
| WHEAT | 2017-07-21 | [Wheat and barley price volatility not seen in three years \| Farm Online \| ACT](https://feedsoft.ai/events/69907-wheat-and-barley-price-volatility-not-seen-in-three-years-farm-online-act.md) | -2.7% | -0.3% |
| WHEAT | 2018-03-23 | [$5 wheat: U.S. market needs quality](https://feedsoft.ai/events/66041-5-wheat-u-s-market-needs-quality.md) | +0.3% | +4.3% |
| WHEAT | 2021-04-16 | [Farming News - Wheat and OSR market update](https://feedsoft.ai/events/9791-farming-news-wheat-and-osr-market-update.md) | +4.9% | +6.1% |
| WHEAT | 2021-05-13 | [A"maize"ing global support for wheat prices \| The Land \| NSW](https://feedsoft.ai/events/47137-a-maize-ing-global-support-for-wheat-prices-the-land-nsw.md) | -1.8% | -4.6% |

## Sources

- grainbrokers.com.au: https://www.grainbrokers.com.au/eu-harvest-adds-to-the-global-wheat-dilemma/

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