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Intercereales president Benoit Pietrement said France's winter soft wheat and barley yields look slightly better than last season, at 7.2 to 7.4 t/ha, despite adverse weather. Conditions improved in the week to June 8 after rain and cooler temperatures, and the harvest is expected to start early.
Farmers face a fourth year of high fuel and fertilizer costs, and planted wheat area fell again.
Better-than-expected French yields add to EU wheat supply and weigh mildly on wheat prices, though the lower planted area and high input costs limit the downside.
financialpost.comBloomberg NewsJun 12, 2026After 334 past bearish weather events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -1.9% to +1.7%), and -0.2% over 20.
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.
