
Dry weather in France accelerated winter cereal sowing and corn harvesting as of October 13, with soft wheat sowing at 27% and winter barley at 45%. The French corn crop is expected smaller due to summer heat and drought, though 60% was rated good to excellent.
A smaller French corn crop tightens feed corn supply in Europe, supporting corn prices, while fast sowing is neutral for wheat.
After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% over 20.
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.
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.