Turkey’s statistical agency reported a record grain harvest of about 44.8 million tonnes, up 30% from the previous year. Wheat output was estimated at 24.75 million tonnes and barley at 10 million tonnes, while corn production fell by 400,000 tonnes to 8.1 million tonnes; the figures exceed earlier USDA estimates.
Larger-than-expected wheat and barley crops should improve Turkish domestic availability and reduce import requirements, easing demand on international markets. Lower corn output offsets part of that effect by potentially sustaining Turkish corn import needs.
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.
Not enough comparable past events yet for a historical read.
After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
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.