# EU Heading For Large Wheat Crop Despite Early Summer Heatwave | ESM Magazine

> Traders said the EU is heading for a larger wheat crop despite a late-June heatwave that cost a couple of million tonnes. France's soft wheat forecast was raised toward 38 million tonnes or higher, and German production is seen up 17.7% to 23.85 million tonnes.

- Date: 2019-07-19 · published 2019-07-19T12:00:00.000Z
- Category: weather · region EU · magnitude medium
- Page: https://feedsoft.ai/events/58035-eu-heading-for-large-wheat-crop-despite-early-summer-heatwave-esm-magazine
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A bigger EU crop and strong export supplies from leading producers add competition in world wheat markets, which is bearish for prices.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-05-29 | [French Soft Wheat Crop Rating Steady At Decade High \| ESM Magazine](https://feedsoft.ai/events/35914-french-soft-wheat-crop-rating-steady-at-decade-high-esm-magazine.md) | -1.4% | -1.7% |
| WHEAT | 2021-02-17 | [EU Wheat Crops Not Seen Suffering Big Hit From Cold Spell \| ESM Magazine](https://feedsoft.ai/events/48562-eu-wheat-crops-not-seen-suffering-big-hit-from-cold-spell-esm-magazine.md) | +0.8% | -0.3% |
| WHEAT | 2019-08-07 | [EU Wheat Harvest Well Advanced As Heatwave Enabled Rapid Work \| ESM Magazine](https://feedsoft.ai/events/57525-eu-wheat-harvest-well-advanced-as-heatwave-enabled-rapid-work-esm-magazine.md) | +0.4% | -2.8% |
| WHEAT | 2019-03-10 | [Warm Winter Generates Optimism For Large EU Wheat Crop \| Checkout](https://feedsoft.ai/events/60024-warm-winter-generates-optimism-for-large-eu-wheat-crop-checkout.md) | +1.1% | -1.1% |
| WHEAT | 2020-08-17 | [EU Wheat Harvest Bolstered By Decent Crops In Germany And Poland \| ESM Magazine](https://feedsoft.ai/events/51573-eu-wheat-harvest-bolstered-by-decent-crops-in-germany-and-poland-esm-magazine.md) | +0.9% | +11.1% |

## Sources

- esmmagazine.com: https://www.esmmagazine.com/supply-chain/eu-heading-large-wheat-crop-despite-early-summer-heatwave-77958

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