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CMB News reports uneven EU winter wheat sowing, with delays in the Baltics and dryness in Czechia, Slovakia and Hungary. Euronext Dec-26 wheat futures are around the low €230s/t after a roughly 4% slide over five sessions, and French wheat is quoted at EUR 0.29/kg.
Soft flat prices and ample Black Sea export competition cap wheat values, though weather risk for the 2027 crop adds a modest premium in deferred contracts.
Not enough comparable past events yet for a historical read.
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.