
FranceAgriMer data as of February 9 showed 91% of French soft wheat, 88% of winter barley and 87% of hard wheat rated good or excellent, the best winter crop conditions in three years. Ratings were far above the prior year's levels.
Strong French crop prospects point to ample EU supply and export competition, which tends to cap wheat and barley prices.
After 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.
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.