# Wheat production concerns in Europe spook markets - Grain Central

> Wheat futures bounced sharply off an eight-month low set the prior week as concerns over the EU winter crop began to outweigh worries about Russia. Western and central Europe received insufficient spring rain, while Russia's wheat export program was restricted for the last two months of the season and EU exports have passed 35 Mt.

- Date: 2020-05-26 · published 2020-05-26T12:00:00.000Z
- Category: weather · region EU · magnitude medium
- Page: https://feedsoft.ai/events/53054-wheat-production-concerns-in-europe-spook-markets-grain-central
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Dry conditions in the EU could trim supply and support export prices as EU overtakes Russia as the leading exporter, lifting wheat costs for feed formulators.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-08-08 | [Wheat production forecast down: NAB - Grain Central](https://feedsoft.ai/events/69415-wheat-production-forecast-down-nab-grain-central.md) | +0.5% | -0.8% |
| WHEAT | 2023-08-01 | [Tough summer hits EU grain production outlook - Grain Central](https://feedsoft.ai/events/34513-tough-summer-hits-eu-grain-production-outlook-grain-central.md) | +0.4% | -7.2% |
| WHEAT | 2026-08-04 | [Heatwaves take their toll on EU grain production - Grain Central](https://feedsoft.ai/events/17839-heatwaves-take-their-toll-on-eu-grain-production-grain-central.md) | +0.1% | +5.3% |
| 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 | 2018-12-04 | [Winter crop production down after poor start to spring: ABARES - Grain Central](https://feedsoft.ai/events/61530-winter-crop-production-down-after-poor-start-to-spring-abares-grain-central.md) | -0.3% | +1.5% |
| KWHEAT | 2018-03-02 | [Wheat futures surge - Grain Central](https://feedsoft.ai/events/12430-wheat-futures-surge-grain-central.md) | -2.1% | -12.0% |
| KWHEAT | 2021-11-29 | [Wheat Markets Find New Legs in Australia - Alberta Grains](https://feedsoft.ai/events/44081-wheat-markets-find-new-legs-in-australia-alberta-grains.md) | -5.0% | -2.1% |
| KWHEAT | 2021-03-29 | [Outlook Dims for Global Spring Wheat Production](https://feedsoft.ai/events/48188-outlook-dims-for-global-spring-wheat-production.md) | -0.9% | +23.5% |

## Sources

- graincentral.com: https://www.graincentral.com/trade/wheat-production-concerns-in-europe-spook-markets/

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