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Agreste data show France's 2024 soft wheat production about 23% below the five-year average, with yields among the three lowest in 40 years. Heavy rain during the 2023 sowing period delayed or prevented planting in northern France.
Confirmed structural shortfall in France's main wheat region supports EU and world wheat prices and reduces feed wheat availability.
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.