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Wheat futures fell on June 24 as winter wheat harvest reached 19% complete versus a 28% average. Winter wheat condition ratings dropped to 49% good to excellent, and EU soft wheat exports through June 22 were 19.93 million tonnes, well below last year.
Slow harvest progress and declining crop ratings point to lower HRW output, which supports hard red wheat prices and reduces export availability.
agriinsite.comBarchartJun 25, 2025After 322 past bullish weather events, Wheat (HRW) moved a median -0.1% over 5 sessions (49% higher; middle half -2.5% to +3.2%), and +1.0% over 20.
After 1,072 past bullish weather events, Wheat (SRW) moved a median +0.2% over 5 sessions (55% higher; middle half -1.4% to +2.3%), and +0.3% 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.
