# Grain Highlights

> Strategie Grains cut its forecast for the 2018 EU soft wheat area by 0.3% from October, to 23.5 million hectares. FranceAgriMer lowered its 2017/18 French wheat export forecast by 250,000 tonnes, and Japan bought 125,600 tonnes of milling wheat from the US, Canada and Australia.

- Date: 2017-11-17 · published 2017-11-17T12:00:00.000Z
- Category: report · region EU · magnitude low
- Page: https://feedsoft.ai/events/67917-grain-highlights
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A smaller EU wheat area and lower French export projections tighten exportable supply, which supports wheat prices, while Japan's purchase adds modest demand for origin-competing wheat.

## Read by commodity

- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-11-08 | [Grain Highlights](https://feedsoft.ai/events/67942-grain-highlights.md) | +1.2% | +1.3% |
| WHEAT | 2017-10-31 | [Grain Highlights](https://feedsoft.ai/events/68308-grain-highlights.md) | +0.2% | -1.7% |
| WHEAT | 2021-04-22 | [Grain Highlights 22.04.2021](https://feedsoft.ai/events/47483-grain-highlights-22-04-2021.md) | +3.9% | +0.9% |
| WHEAT | 2021-05-05 | [Prices higher, corn continues tight: IGC - Grain Central](https://feedsoft.ai/events/47118-prices-higher-corn-continues-tight-igc-grain-central.md) | +5.2% | -1.0% |
| WHEAT | 2017-02-10 | [Daily Grain Report](https://feedsoft.ai/events/72451-daily-grain-report.md) | -0.6% | -1.5% |

## Sources

- grainsprices.com: https://grainsprices.com/article/13371

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