# Paris wheat drops - Markets - Business Recorder

> Euronext September milling wheat fell 3.4% to 224.00 euros a tonne on May 10, 2021. Weekend and forecast rain in France eased dryness concerns in the EU's largest grain producer, and traders also took profits after the prior week's rally.

- Date: 2021-05-10 · published 2021-05-10T12:00:00.000Z
- Category: weather · region France · magnitude low
- Page: https://feedsoft.ai/events/11412-paris-wheat-drops-markets-business-recorder
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Easing dryness in France reduces the crop risk premium on European wheat, which tends to weigh on export prices and related wheat contracts.

## Read by commodity

- WHEAT: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| WHEAT | 2021-05-10 | 1 | +5.0% | 4.0 | Euronext wheat fell 3.4% on May 10 as rain eased French dryness and traders took profits, a same-day spillover into Chicago wheat. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-06-21 | [Wheat down 9-11 cents, corn down 13-19 cents, soy down 18-25 cents - Markets - Business Recorder](https://feedsoft.ai/events/7306-wheat-down-9-11-cents-corn-down-13-19-cents-soy-down-18-25-cents-markets.md) | -8.4% | -11.3% |
| WHEAT | 2021-03-12 | [Wheat flat; set for second weekly drop as US weather improves - Markets - Business Recorder](https://feedsoft.ai/events/5121-wheat-flat-set-for-second-weekly-drop-as-us-weather-improves-markets-business.md) | -0.3% | +0.5% |
| WHEAT | 2021-03-22 | [Russian wheat export prices down amid weak demand - Markets - Business Recorder](https://feedsoft.ai/events/12405-russian-wheat-export-prices-down-amid-weak-demand-markets-business-recorder.md) | +0.9% | +0.3% |
| WHEAT | 2024-09-28 | [Soy futures soar on US weather woes - Markets - Business Recorder](https://feedsoft.ai/events/28337-soy-futures-soar-on-us-weather-woes-markets-business-recorder.md) | +0.6% | -6.3% |
| WHEAT | 2025-05-18 | [Chicago wheat stumbles on improved harvest prospects - Markets - Business Recorder](https://feedsoft.ai/events/24709-chicago-wheat-stumbles-on-improved-harvest-prospects-markets-business-recorder.md) | -4.6% | -3.4% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40091764

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.