The February JRC MARS bulletin reported that EU winter crops were mostly in fair to good condition, though some regions suffered irreversible yield losses. Waterlogging in north-western France and rainfall surpluses in parts of Italy and the Baltics contrasted with soil moisture deficits in Romania, Bulgaria and central and eastern Europe.
Yield losses and a forecast reduction in harvested area in parts of Europe tighten the outlook for wheat and barley supply. This supports feed grain prices if dryness spreads.
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.
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.