◂ Event Timeline

Mar 24, 2017REPORTEU

Grain estimate. More wheat in France

Coceral's March estimate puts the 2017 EU grain harvest at 304 million tonnes, a normal crop after a weak 2016. France's wheat production is also expected to rise.

The estimate is the first from Coceral this year and follows last year's shortfall.

WHY IT MATTERS

A normal EU harvest after a weak year reduces import demand and keeps feed grain prices subdued.

AFFECTSWHEAT▼CORN◆

SOURCE
zmp.deMar 24, 2017

Price reaction & history

WHEAT▼bearishSO FAR1d +0.2%5d +2.3%20d +1.5%

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

Apr 17, 2025France ups soft wheat area estimate+2.5%
Aug 11, 2025France Raises Wheat Crop Estimate, Sees Fall In Maize Output | ESM Magazine-1.0%
Feb 10, 2026France raises winter soft wheat and rapeseed planting estimates - Grainews+1.9%
Aug 6, 2019France Increases Wheat Crop Estimate, Cautious On Maize | ESM Magazine+0.1%
Nov 17, 2016Strategy of grains estimates EU acreage for wheat at-2.1%

CORN◆neutralSO FAR1d -0.1%5d +0.4%20d -0.1%

After 770 past neutral report events, CORN moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.

Oct 16, 2024France trims soft wheat crop estimate, raises maize forecast+2.5%
Aug 6, 2019France Increases Wheat Crop Estimate, Cautious On Maize | ESM Magazine-3.1%
Nov 17, 2016Strategy of grains estimates EU acreage for wheat at+3.0%
Nov 13, 2024France raises wheat, maize crop estimates, cuts sugar beet - Markets - Business Recorder-0.5%
Dec 13, 2018EU (28) grain crop estimate for 2019 from Strategy-0.1%

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 · GP ▸

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CORN · GP ▸

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