Coceral Cuts 2026 EU and UK Wheat Production to 104.8M Tons, Corn to 52.7M Tons on July 10

CORN0.11%
According to Coceral, the European grain trade association cut its soft wheat production forecast for 2026 to 104.8 million tons on July 10, down from 143.7 million tons estimated in June, citing extreme heat across Europe. The association also lowered its corn production forecast to 52.7 million tons, down from 57.2 million tons previously expected. The downward revisions reflect heat stress impacting crop yields across the EU and UK.
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