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FranceAgriMer reported French winter wheat (excluding durum) planting at 90% complete as of November 18, ahead of the five-year average of 87%. Planting had been delayed by heavy rain in September and early October before dry weather allowed catch-up.
Faster planting reduces the risk of a further yield cut from late sowing, which eases some pressure on EU wheat supply. The effect on prices is small.
ahdb.org.ukNov 22, 2024After 406 past neutral report events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -1.6% to +1.5%), and +0.0% 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.
