◂ Event Timeline

Jul 12, 2017REPORTFrance

The French Ministry of Agriculture made its first forecast for soft wheat, barley and rapeseed yields

The French Agriculture Ministry's first forecast puts 2017 soft wheat output at 36.2 million tonnes, on a yield of 7.04 t/ha across 5.147 million hectares. Barley is forecast at 12.2 million tonnes and rapeseed at 4.7 million tonnes.

WHY IT MATTERS

A French soft wheat crop well above 2016's 27.9 million tonnes adds to EU export supply and weighs on wheat prices. Larger barley and rapeseed output also adds feed and oilseed meal supply.

AFFECTSWheat (SRW)▼Barley▼Canola Meal▼

SOURCE
grainsprices.comGate.BGJul 12, 2017

Price reaction & history

Wheat (SRW)▼bearishSO FAR1d -0.4%5d -2.2%20d -2.1%

After 1,006 past bearish report events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), and +0.3% over 20.

Mar 17, 2017Strategie Grains Increased Its Forecast On Wheat And Barley Yields In The EU, But Decreased Its Corn Forecast-2.9%
Jul 16, 2025French Ministry of Agriculture has estimated the current year’s wheat harvest at 32.6 mln tons+1.6%
Mar 3, 2026ABARES experts again raise Australia's wheat, barley and rapeseed crop forecasts+1.8%
Apr 24, 2023Cereal and rapeseed yields forecast up in Europe - Free-8.3%
Aug 26, 2025MARS raises EU soft wheat yield forecast to 6.15 t/ha+0.4%

Barley▼bearish

Not enough comparable past events yet for a historical read.

Canola Meal▼bearish

Not enough comparable past events yet for a historical read.

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

Wheat (SRW) WHEAT · GP ▸

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Barley BARLEY · GP ▸

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