# Strategie Grains keeps EU wheat crop forecast despite France cut - Markets - Business Recorder

> Strategie Grains kept its forecast for the EU-27 soft wheat crop at 129.6 million tonnes, up 8.5% from last year. A 0.5 million tonne cut to French output was offset by better prospects in southeastern EU countries such as Romania. The firm also trimmed its 2021 EU barley harvest by 300,000 tonnes to 53.7 million tonnes.

- Date: 2021-05-15 · published 2021-05-15T12:00:00.000Z
- Category: report · region EU · magnitude low
- Page: https://feedsoft.ai/events/47026-strategie-grains-keeps-eu-wheat-crop-forecast-despite-france-cut-markets
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

A larger EU wheat harvest points to a stock recovery in 2021/22 and limits export upside, which is bearish for wheat prices. The smaller barley crop is mildly supportive for barley values.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-02-09 | [Strategie Grains enhances EU wheat crop forecast again - Markets - Business Recorder](https://feedsoft.ai/events/37268-strategie-grains-enhances-eu-wheat-crop-forecast-again-markets-business-recorder.md) | -2.6% | -8.6% |
| WHEAT | 2021-09-07 | [Australia lifts wheat forecast - Markets - Business Recorder](https://feedsoft.ai/events/45030-australia-lifts-wheat-forecast-markets-business-recorder.md) | +1.8% | +5.2% |
| WHEAT | 2022-04-17 | [French soft wheat crop rating stable - Markets - Business Recorder](https://feedsoft.ai/events/41779-french-soft-wheat-crop-rating-stable-markets-business-recorder.md) | -0.7% | +7.2% |
| WHEAT | 2024-05-17 | [Strategie Grains raises EU soft wheat crop forecast to 123.5 mln tons](https://feedsoft.ai/events/30175-strategie-grains-raises-eu-soft-wheat-crop-forecast-to-123-5-mln-tons.md) | +19.4% | +8.4% |
| WHEAT | 2021-03-11 | [FranceAgriMer lifts soft wheat ending stocks estimate - Markets - Business Recorder](https://feedsoft.ai/events/48087-franceagrimer-lifts-soft-wheat-ending-stocks-estimate-markets-business-recorder.md) | -0.4% | -0.1% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40092344

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