World wheat problem areas not extensive in La Niña year.

Spain, France, Morocco and northwestern Algeria are struggling for moisture this season, and some of the longer range computer forecast models have suggested some of this dryness will continue through the balance of autumn, raising question about 2018 production. There is a tendency for La Niña-like years similar to one to experience less rain than usual in southwestern Europe and especially northern Africa, and that can restrict wheat and barley yields. However, is the problem enough to shorten world grain supply and awaken the futures markets? La Niña years, like this one, can maintain a low rainfall frequency and intensity rate in northern Africa and sometimes across the Iberian Peninsula, as well. The lack of a full blown La Niña event so far this year leaves room for other weather patterns to influence Europe and the rest of the world. This may help wheat production in places like the Mediterranean region and Middle East, where dryness is normally an issue in La Niña years. It could also help U.S. hard red winter wheat perform better.