# UPDATE 1-GermanyGÇÖs 2018 wheat and rapeseed crops seen down

> Germany's farm cooperatives association cut its 2018 wheat forecast 2.0% to 23.98 million tonnes and its winter rapeseed forecast 3.3% to 4.12 million tonnes. The cut follows official data showing winter wheat sowings fell 5.6%, and the crops were hurt by a wet autumn, a cold spring and recent dryness.

- Date: 2018-05-16 · published 2018-05-16T12:00:00.000Z
- Category: report · region Germany · magnitude low
- Page: https://feedsoft.ai/events/64982-update-1-germanygcos-2018-wheat-and-rapeseed-crops-seen-down
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

A smaller German wheat and rapeseed crop tightens EU supply, which supports European wheat and rapeseed-based meal prices and can pull up import demand.

## Read by commodity

- WHEAT: bullish ▲
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-05-10 | [USDA: 2017 wheat crop seen down 9% on fewer acres, storm](https://feedsoft.ai/events/70938-usda-2017-wheat-crop-seen-down-9-on-fewer-acres-storm.md) | -2.4% | +0.5% |
| WHEAT | 2017-02-24 | [USDA Forum: USDA sees smaller corn, soybean and wheat crops in 2017](https://feedsoft.ai/events/72340-usda-forum-usda-sees-smaller-corn-soybean-and-wheat-crops-in-2017.md) | -0.2% | -2.3% |
| WHEAT | 2024-07-12 | [FranceAgriMer sees wheat 2024/25 exports and stocks down on poor crop](https://feedsoft.ai/events/29192-franceagrimer-sees-wheat-2024-25-exports-and-stocks-down-on-poor-crop.md) | -3.9% | -2.9% |
| WHEAT | 2021-08-13 | [Drought Scorches U.S. Corn, Soy, and Wheat Crops](https://feedsoft.ai/events/45410-drought-scorches-u-s-corn-soy-and-wheat-crops.md) | +1.6% | +3.2% |
| WHEAT | 2019-11-20 | [Wheat prices rose on the results of the tender and data on crops in the United States](https://feedsoft.ai/events/11888-wheat-prices-rose-on-the-results-of-the-tender-and-data-on-crops-in-the-united.md) | +0.9% | -0.7% |

## Sources

- cnbc.com: https://www.cnbc.com/2018/05/16/reuters-america-update-1-germanygaas-2018-wheat-and-rapeseed-crops-seen-down.html

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