
The JRC MARS bulletin reports European winter crops are restarting growth under generally favourable soil moisture and mild temperatures. Excess February rain caused local waterlogging in south-western and eastern Europe, while emerging precipitation deficits in north-eastern Europe need monitoring.
Favourable crop development supports expectations of adequate EU grain supply, which is mildly bearish for feed grain prices, though emerging dryness in the northeast could change that if it persists.
After 224 past neutral weather events, Wheat (SRW) moved a median -0.1% over 5 sessions (46% higher; middle half -1.4% to +1.5%), and +0.4% over 20.
After 445 past neutral weather events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.6%), and +0.7% over 20.
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.