# Euronext wheat recovers without conviction

> Euronext wheat and corn rose midday on Monday after the European Commission cut its wheat production estimate by 540 kt to 123.7 Mt and corn by 1.3 Mt to 47 Mt. Ending stocks were lowered, with wheat stocks at 10.6 Mt and corn stocks at a ten-year low of 13.5 Mt.

- Date: 2026-11-02 · published 2026-11-02T19:41:50.476Z
- Category: report · region EU · magnitude medium
- Page: https://feedsoft.ai/events/75730-euronext-wheat-recovers-without-conviction
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A tighter EU balance sheet supports European wheat and corn prices, though hopes of Russia-Ukraine de-escalation and Russian export increases limit the rally.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-06-28 | [WMR-U.S. Hard Red Winter Production Recovers in 2024](https://feedsoft.ai/events/29812-wmr-u-s-hard-red-winter-production-recovers-in-2024.md) | -2.2% | +3.1% |
| WHEAT | 2021-12-03 | [StatsCan Canola, Wheat Production Numbers Drop](https://feedsoft.ai/events/43660-statscan-canola-wheat-production-numbers-drop.md) | -1.5% | -3.7% |
| WHEAT | 2017-05-11 | [Rural News Crop report pegs cut in global wheat production next year, but record stocks set to remain](https://feedsoft.ai/events/70950-rural-news-crop-report-pegs-cut-in-global-wheat-production-next-year-but-record.md) | -2.4% | +0.8% |
| WHEAT | 2024-06-13 | [European soft wheat production forecast at 134.5 million tonnes](https://feedsoft.ai/events/29700-european-soft-wheat-production-forecast-at-134-5-million-tonnes.md) | -2.1% | -3.6% |
| WHEAT | 2021-10-01 | [Wheat Comes Out as Winner of USDA's Sept. 30 Reports](https://feedsoft.ai/events/44582-wheat-comes-out-as-winner-of-usda-s-sept-30-reports.md) | +5.1% | +8.6% |
| CORN | 2023-06-28 | [Egg production recovers as bird flu subsides \| Food Dive](https://feedsoft.ai/events/35500-egg-production-recovers-as-bird-flu-subsides-food-dive.md) | -7.6% | -0.5% |
| CORN | 2021-01-18 | [China’s pork output recovers in 2020, beating expectations
						 \| The Pig Site](https://feedsoft.ai/events/49143-china-s-pork-output-recovers-in-2020-beating-expectations-the-pig-site.md) | -2.6% | +3.7% |
| CORN | 2021-10-01 | [Wheat Comes Out as Winner of USDA's Sept. 30 Reports](https://feedsoft.ai/events/44582-wheat-comes-out-as-winner-of-usda-s-sept-30-reports.md) | +0.7% | +3.7% |

## Sources

- terre-net.fr: https://www.terre-net.fr/prix-des-cereales/article/905580/le-ble-euronext-tente-a-nouveau-de-retrouver-les-230-t

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