# Winter Crop Prospects Improve Across Australia

> Dry weather across Europe and the Black Sea has reduced soil moisture as crops emerge, with below-average rainfall over the last four weeks. The Australian commentary forecasts EU-27 plus UK 2020/21 wheat output down about 6% to 145 million tonnes, and French soft wheat area falling 7.5% to a 17-year low after wet planting conditions.

- Date: 2020-04-16 · published 2020-04-16T12:00:00.000Z
- Category: weather · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/53577-winter-crop-prospects-improve-across-australia
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

A forecast 6% drop in EU wheat output and reduced French area tighten global wheat supplies, supporting wheat prices and feed-grain alternatives if rain does not arrive before late April.

## Read by commodity

- WHEAT: bullish ▲
- CANMEAL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-05-09 | [Winter crop weather prospects hard to call + VIDEO - Grain Central](https://feedsoft.ai/events/64963-winter-crop-weather-prospects-hard-to-call-video-grain-central.md) | -1.1% | +2.2% |
| WHEAT | 2018-10-26 | [Dry September cuts winter crop prospects by 15pc: ABARES - Grain Central](https://feedsoft.ai/events/62493-dry-september-cuts-winter-crop-prospects-by-15pc-abares-grain-central.md) | +0.8% | -3.7% |
| WHEAT | 2020-01-17 | [South Australia estimates winter crop at 6.25Mt - Grain Central](https://feedsoft.ai/events/55029-south-australia-estimates-winter-crop-at-6-25mt-grain-central.md) | +0.1% | -5.2% |
| WHEAT | 2017-04-18 | [Australia’s wheat crop expected to fall](https://feedsoft.ai/events/71460-australia-s-wheat-crop-expected-to-fall.md) | +1.0% | -0.1% |
| WHEAT | 2020-01-23 | [Farming across the ditch in Australia](https://feedsoft.ai/events/55026-farming-across-the-ditch-in-australia.md) | -4.6% | -0.1% |

## Sources

- grainbrokers.com.au: https://www.grainbrokers.com.au/weather-may-not-be-the-biggest-short-term-grain-market-driver/

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