
FranceAgriMer data showed 97% of French soft wheat and 96% of winter barley were rated good or excellent by November 24, slightly down from the prior week but well above year-ago levels. Sowing of soft wheat and winter barley was nearly complete, and recent frosts were not expected to cause damage.
Strong crop conditions in the EU's largest grain producer point to ample supply, a mildly bearish factor for European and global wheat and barley prices.
After 1,006 past bearish report events, Wheat (SRW) 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.
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.