# MARS cuts EU grain yields especially for corn market

> The EU's MARS crop monitoring service cut its cereal yield forecasts for the period through 10 September, with the all-cereal average about 1% lower than last month. Corn yields were cut sharply, mainly in Germany and France, while wheat was forecast 1.9% above the five-year average. Spain was hit hard by dryness, and Poland also did worse.

- Date: 2019-09-16 · published 2019-09-16T12:00:00.000Z
- Category: weather · region EU · magnitude medium
- Page: https://feedsoft.ai/events/57025-mars-cuts-eu-grain-yields-especially-for-corn-market
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Lower EU corn yields tighten feed grain supply and support corn prices, while the wheat outlook stays comfortable. Spain's losses also reduce the EU's barley and wheat exportable surplus.

## Read by commodity

- CORN: bullish ▲
- WHEAT: neutral
- BARLEY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-05-20 | [GRAIN MARKETS: Cold and wet forecast for Midwest lifts corn](https://feedsoft.ai/events/10219-grain-markets-cold-and-wet-forecast-for-midwest-lifts-corn.md) | +1.0% | +2.3% |
| CORN | 2022-06-21 | [EU wheat, barley yields cut for third straight month \| World Grain](https://feedsoft.ai/events/40874-eu-wheat-barley-yields-cut-for-third-straight-month-world-grain.md) | -1.7% | -10.0% |
| CORN | 2017-07-18 | [Corn market figures in lower yields \| Illinois Extension \| Illinois](https://feedsoft.ai/events/69795-corn-market-figures-in-lower-yields-illinois-extension-illinois.md) | +0.4% | -2.4% |
| CORN | 2021-05-14 | [Morning Market Review for May 14, 2021 - Morrow County Grain Growers](https://feedsoft.ai/events/12362-morning-market-review-for-may-14-2021-morrow-county-grain-growers.md) | -3.9% | +1.6% |
| CORN | 2024-02-09 | [Weather market for grains - Brownfield Ag News](https://feedsoft.ai/events/13206-weather-market-for-grains-brownfield-ag-news.md) | -2.2% | +2.9% |
| WHEAT | 2020-06-08 | [Rain brings respite for EU wheat - Markets - Business Recorder](https://feedsoft.ai/events/52550-rain-brings-respite-for-eu-wheat-markets-business-recorder.md) | -0.3% | -6.4% |
| WHEAT | 2017-12-17 | [La Niña's effect for Aussie grain markets \| Queensland Country Life \| QLD](https://feedsoft.ai/events/67401-la-nina-s-effect-for-aussie-grain-markets-queensland-country-life-qld.md) | +0.3% | +0.8% |
| WHEAT | 2018-05-08 | [Grain Markets Move Sharply Up or Down, Analyst Says](https://feedsoft.ai/events/7883-grain-markets-move-sharply-up-or-down-analyst-says.md) | -1.4% | +2.2% |

## Sources

- zmp.de: https://www.zmp.de/en/futures/grains/news/market-report-mars-cuts-eu-grain-yields-especially-corn-2019-09-16

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