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Traders and analysts report that Europe's unusually warm winter has given the 2019 wheat crop good initial conditions, with little frost damage in top producing regions. France's soft wheat sowings are estimated up 2.9% at 5.0 million hectares, and German winter wheat sowings rose 4.6%.
Analysts note that frost and spring dryness remain risks.
Good early crop conditions and larger sowings point to a bigger EU wheat harvest, which would replace supplies after last year's poor crop and weigh on wheat prices. Any late cold snap would reverse this and support prices.
checkout.ieDonna Ahern10 mar 2019Tras 334 eventos bajista de clima pasados, Trigo (SRW) se movió una mediana de -0,2 % en 5 sesiones (47% al alza; mitad central entre -1,9 % y +1,7 %), y -0,2 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
