
France's agriculture ministry raised its soft wheat harvest forecast to 33.1 million tons, up from 32.6 million, a 29% rise over the 2024 crop. It expects grain maize output to fall 5.6% to 13.9 million tons because drought and heat reduced yields, despite more planted area.
A bigger French wheat crop adds supply to world markets and pressures wheat prices. Lower French maize output tightens EU feed grain availability and supports corn 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.
After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% 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.