# Coceral projects larger E.U. grain crop | 2019-03-07  | World Grain

> Coceral, in its first forecast for the 2019 crop, projects the EU total grain crop at 298.5 million tonnes, up from 280.2 million last year. Wheat is seen at 139.8 million tonnes, up from 127.4 million, while barley rises to 59.4 million and corn is roughly flat at 61 million. Spain is expected to fall on dry weather, and the rapeseed forecast drops to 18.5 million tonnes.

- Date: 2019-03-07 · published 2019-03-07T12:00:00.000Z
- Category: report · region EU · magnitude medium
- Page: https://feedsoft.ai/events/60023-coceral-projects-larger-e-u-grain-crop-2019-03-07-world-grain
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

A larger EU wheat, barley and corn crop adds exportable supply and eases feed grain prices in Europe and globally. The sharp rapeseed decline tightens the EU supply of rapeseed meal, which could support protein meal prices.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼
- BARLEY: bearish ▼
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-03-24 | [COCERAL sees larger 2023 EU grain crop \| World Grain](https://feedsoft.ai/events/36793-coceral-sees-larger-2023-eu-grain-crop-world-grain.md) | +11.4% | +4.2% |
| WHEAT | 2019-09-20 | [Coceral sees higher E.U. grain output \| 2019-09-20  \| World Grain](https://feedsoft.ai/events/57023-coceral-sees-higher-e-u-grain-output-2019-09-20-world-grain.md) | +2.5% | +3.3% |
| WHEAT | 2021-05-19 | [Coceral revises EU grain crop upward  \| World Grain](https://feedsoft.ai/events/47028-coceral-revises-eu-grain-crop-upward-world-grain.md) | -2.8% | +2.2% |
| WHEAT | 2017-12-08 | [E.U. grain crop revised up for 2017-18 \| World-grain.com \| December 08, 2017 15:03 \| World Grain](https://feedsoft.ai/events/67428-e-u-grain-crop-revised-up-for-2017-18-world-grain-com-december-08-2017-15-03.md) | -3.7% | -1.3% |
| WHEAT | 2020-06-10 | [Australia winter crop production expected to increase \| 2020-06-10  \| World Grain](https://feedsoft.ai/events/52590-australia-winter-crop-production-expected-to-increase-2020-06-10-world-grain.md) | -1.1% | -5.3% |
| CORN | 2023-03-24 | [COCERAL sees larger 2023 EU grain crop \| World Grain](https://feedsoft.ai/events/36793-coceral-sees-larger-2023-eu-grain-crop-world-grain.md) | +1.7% | +0.3% |
| CORN | 2021-09-10 | [COCERAL reduces crop projection for EU-27+UK  \| World Grain](https://feedsoft.ai/events/45013-coceral-reduces-crop-projection-for-eu-27-uk-world-grain.md) | +1.1% | -1.9% |
| CORN | 2021-05-19 | [Coceral revises EU grain crop upward  \| World Grain](https://feedsoft.ai/events/47028-coceral-revises-eu-grain-crop-upward-world-grain.md) | -5.0% | +3.5% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/11749-coceral-projects-larger-eu-grain-crop

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