# Strategie Grains Lowers Forecast For EU Wheat, Barley Harvests | ESM Magazine

> Strategie Grains cut its 2021 EU soft wheat forecast by 1.5 million tonnes to 131.5 million tonnes because of adverse weather. It also lowered world wheat production by 14 million tonnes to 750.3 million tonnes and expects stocks-to-use in major exporters to be near record lows.

- Date: 2021-08-12 · published 2021-08-12T12:00:00.000Z
- Category: weather · region Global · magnitude high
- Page: https://feedsoft.ai/events/45509-strategie-grains-lowers-forecast-for-eu-wheat-barley-harvests-esm-magazine
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

A lower world crop and tight exporter stocks support wheat prices, as EU, North American and Black Sea harvest problems reduce export availability. Feed-grade share is rising, which may shift some supply into feed use.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-02-16 | [Strategie Grains has lowered its forecast for EU wheat production](https://feedsoft.ai/events/31601-strategie-grains-has-lowered-its-forecast-for-eu-wheat-production.md) | +1.0% | -4.6% |
| WHEAT | 2017-06-27 | [EU Crop Monitor MARS lowers forecasts for wheat, barley](https://feedsoft.ai/events/70430-eu-crop-monitor-mars-lowers-forecasts-for-wheat-barley.md) | +3.2% | -2.8% |
| WHEAT | 2017-07-13 | [Strategy Grains lowers EU harvest estimates after heat](https://feedsoft.ai/events/69902-strategy-grains-lowers-eu-harvest-estimates-after-heat.md) | -1.8% | -1.6% |
| WHEAT | 2017-05-24 | [Chilly Weather Risks Delaying Black Sea Wheat, Barley Harvest \| ESM Magazine](https://feedsoft.ai/events/71080-chilly-weather-risks-delaying-black-sea-wheat-barley-harvest-esm-magazine.md) | -0.1% | -0.3% |
| WHEAT | 2023-07-14 | [Strategie Grains cuts EU cereal crop forecasts again on weather toll](https://feedsoft.ai/events/34979-strategie-grains-cuts-eu-cereal-crop-forecasts-again-on-weather-toll.md) | +3.5% | +3.5% |
| KWHEAT | 2021-08-30 | [Canada's Wheat Crop Reaches 14-Year Low, Canola Harvest Shrivels \| ESM Magazine](https://feedsoft.ai/events/45663-canada-s-wheat-crop-reaches-14-year-low-canola-harvest-shrivels-esm-magazine.md) | +0.4% | +1.2% |
| KWHEAT | 2017-05-30 | [Early U.S. winter wheat harvest supports low-protein fears - Grainews](https://feedsoft.ai/events/71031-early-u-s-winter-wheat-harvest-supports-low-protein-fears-grainews.md) | -1.7% | +3.5% |
| KWHEAT | 2018-07-25 | [Strategie Grains cuts EU soft wheat crop estimate to 6-year low \| The Western Producer](https://feedsoft.ai/events/63978-strategie-grains-cuts-eu-soft-wheat-crop-estimate-to-6-year-low-the-western.md) | +9.2% | +4.9% |

## Sources

- esmmagazine.com: https://www.esmmagazine.com/supply-chain/strategie-grains-lowers-forecast-for-eu-wheat-barley-harvests-143065

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