
FranceAgriMer data show French cereal conditions stabilised in May after the driest April on record. Soft wheat was 80% good or excellent as of May 11, winter barley 76%, and corn planting reached 95% of planned area.
Stable French crop ratings reduce near-term production risk and remove some support for European wheat and barley prices.
After 1,006 past bearish report events, WHEAT moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), and +0.3% over 20.
Not enough comparable past events yet for a historical read.
After 770 past neutral report events, CORN moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% 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.