# Drought filled summer strains E.U. cereal harvest | 2018-10-04  | World Grain

> A European Commission short-term outlook, published October 3, forecasts 2018 EU cereal output at 284.3 million tonnes, 8% below the five-year average. Wheat harvest fell most, with a forecast of 129 million tonnes after summer drought. EU cereal prices peaked in August, with wheat near €50 per tonne and barley near €60 per tonne.

- Date: 2018-10-04 · published 2018-10-04T12:00:00.000Z
- Category: weather · region EU · magnitude medium
- Page: https://feedsoft.ai/events/62477-drought-filled-summer-strains-e-u-cereal-harvest-2018-10-04-world-grain
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Reduced EU grain supply after drought supports wheat and barley values and may increase EU import demand, tightening feed grain markets.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-09-11 | [Drought lowers Australian grain forecast \| 2018-09-11  \| World Grain](https://feedsoft.ai/events/62987-drought-lowers-australian-grain-forecast-2018-09-11-world-grain.md) | -7.4% | -7.0% |
| WHEAT | 2019-05-16 | [Drought takes toll on Australian grain \| 2019-05-16  \| World Grain](https://feedsoft.ai/events/59057-drought-takes-toll-on-australian-grain-2019-05-16-world-grain.md) | +10.5% | +9.9% |
| WHEAT | 2018-12-04 | [Australia’s winter crop production estimated to plummet 23% \| 2018-12-04  \| World Grain](https://feedsoft.ai/events/61534-australia-s-winter-crop-production-estimated-to-plummet-23-2018-12-04-world.md) | -0.3% | +1.5% |
| WHEAT | 2022-05-20 | [French cereal crops suffer as hot spell worsens drought](https://feedsoft.ai/events/41354-french-cereal-crops-suffer-as-hot-spell-worsens-drought.md) | -2.9% | -2.9% |
| WHEAT | 2018-09-19 | [El Niño looming \| 2018-09-19 \| World Grain](https://feedsoft.ai/events/62946-el-nino-looming-2018-09-19-world-grain.md) | +0.7% | +8.5% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/11058-drought-filled-summer-strains-eu-cereal-harvest

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