
EU cereal output for 2026/27 is projected to return to an average of 273.7 million tonnes after exceptionally high wheat and barley crops last season. Oilseed production is expected to rise 3.1%, with record oilseed meal output.
EU sugar production is forecast to fall 13% below the five-year average because of smaller beet area.
Record EU oilseed meal output adds supply to the protein feed market and weighs on soybean meal and rapeseed meal prices. Stable cereal output and strong wheat exports keep grain prices supported but not stressed.
After 401 past bearish report events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.4% to +1.2%), and -1.0% 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.