# Farming News - Further woes for EU wheat but maize is looking good

> The European Commission's MARS report cut the EU-wide wheat yield forecast to 2.4% below the five-year average, while maize yields improved on abundant rain in central and southeastern Europe. UK feed wheat futures rallied, and the spread over Paris maize widened to a record £18.97/t.

- Date: 2018-07-25 · published 2018-07-25T12:00:00.000Z
- Category: report · region EU · magnitude medium
- Page: https://feedsoft.ai/events/63980-farming-news-further-woes-for-eu-wheat-but-maize-is-looking-good
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Wheat's yield problems and maize's relative strength narrow the feed substitution margin, pushing buyers toward corn and supporting European feed wheat prices.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-05-18 | [Good news on wheat markets is hrd to find.](https://feedsoft.ai/events/71033-good-news-on-wheat-markets-is-hrd-to-find.md) | +3.0% | +1.9% |
| WHEAT | 2019-12-06 | [Farming News - ADM Agriculture Wheat Market Report](https://feedsoft.ai/events/11059-farming-news-adm-agriculture-wheat-market-report.md) | -3.5% | -0.6% |
| WHEAT | 2018-05-11 | [Farming News - Weekly Market Report - USDA report has little impact on wheat market](https://feedsoft.ai/events/64971-farming-news-weekly-market-report-usda-report-has-little-impact-on-wheat-market.md) | -0.6% | +3.1% |
| WHEAT | 2021-07-12 | [July WASDE optimistic for wheat but less so for corn and soybeans - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/46005-july-wasde-optimistic-for-wheat-but-less-so-for-corn-and-soybeans-agweek-1.md) | -0.8% | +0.2% |
| WHEAT | 2022-11-18 | [EU soft wheat sowings for 2023 to ease, but yields likely to gain - Strategie Grains - Grain Price News](https://feedsoft.ai/events/38610-eu-soft-wheat-sowings-for-2023-to-ease-but-yields-likely-to-gain-strategie.md) | +0.8% | -0.4% |
| CORN | 2016-04-18 | [The CFTC figures for wheat and maize from the](https://feedsoft.ai/events/8409-the-cftc-figures-for-wheat-and-maize-from-the.md) | -0.1% | +3.7% |
| CORN | 2024-02-02 | [FAO Food Price Index down again in January led by lower wheat and maize prices](https://feedsoft.ai/events/7200-fao-food-price-index-down-again-in-january-led-by-lower-wheat-and-maize-prices.md) | -4.7% | -6.2% |
| CORN | 2021-07-12 | [July WASDE optimistic for wheat but less so for corn and soybeans - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/46005-july-wasde-optimistic-for-wheat-but-less-so-for-corn-and-soybeans-agweek-1.md) | -6.7% | -7.2% |

## Sources

- farming.co.uk: https://farming.co.uk/news/further-woes-for-eu-wheat-but-maize-is-looking-good

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