# Drought slashes EU wheat, export surplus to be cut - AgCanada

> Strategie Grains forecasts the EU soft wheat harvest about 10 percent smaller this year, with northern Europe hit hardest. German winter wheat is expected to fall 19.9 percent, and Germany may switch from wheat exporter to importer, especially for animal feed wheat.

- Date: 2018-08-10 · published 2018-08-10T12:00:00.000Z
- Category: weather · region EU · magnitude high
- Page: https://feedsoft.ai/events/63468-drought-slashes-eu-wheat-export-surplus-to-be-cut-agcanada
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower EU exportable supply shifts demand toward Black Sea, Russian, Ukrainian and US wheat, supporting world wheat prices and feed wheat costs for buyers.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2026-05-07 | [$7 wheat is back as Plains drought slashes crop prospects](https://feedsoft.ai/events/19314-7-wheat-is-back-as-plains-drought-slashes-crop-prospects.md) | +3.6% | -0.1% |
| WHEAT | 2022-10-21 | [La Nina-Enhanced Drought Brings Slow Start to Winter Wheat](https://feedsoft.ai/events/39024-la-nina-enhanced-drought-brings-slow-start-to-winter-wheat.md) | -0.4% | +1.6% |
| WHEAT | 2020-05-26 | [Canadian Wheat Crop Boosts Export Pressure](https://feedsoft.ai/events/53174-canadian-wheat-crop-boosts-export-pressure.md) | -0.8% | -0.2% |
| WHEAT | 2021-08-26 | [Agriculture and Agri-Food Canada (finally) acknowledges heat, drought have slashed its wheat and canola crops - Pro Farmer](https://feedsoft.ai/events/45542-agriculture-and-agri-food-canada-finally-acknowledges-heat-drought-have-slashed.md) | +0.1% | +0.3% |
| WHEAT | 2022-01-19 | [U.S. grains: Wheat, corn rally to highest since December - AgCanada](https://feedsoft.ai/events/11816-u-s-grains-wheat-corn-rally-to-highest-since-december-agcanada.md) | +1.9% | -1.5% |
| CORN | 2022-01-19 | [U.S. grains: Wheat, corn rally to highest since December - AgCanada](https://feedsoft.ai/events/11816-u-s-grains-wheat-corn-rally-to-highest-since-december-agcanada.md) | +2.1% | +6.9% |
| CORN | 2025-03-17 | [U.S. grains: Wheat climbs on fears of wind damage to US crop - AgCanada](https://feedsoft.ai/events/5620-u-s-grains-wheat-climbs-on-fears-of-wind-damage-to-us-crop-agcanada.md) | +7.3% | +7.8% |
| CORN | 2024-05-22 | [Russian wheat shortfall a boon to US exporters of ... corn?](https://feedsoft.ai/events/4590-russian-wheat-shortfall-a-boon-to-us-exporters-of-corn.md) | +3.3% | +4.2% |

## Sources

- agcanada.com: https://www.agcanada.com/daily/drought-slashes-eu-wheat-export-surplus-to-be-cut

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