# Rain-hit crops create triple whammy for French grain farmers | Reuters

> Persistent rain in France delayed sowings and hurt crop development, and the farm ministry estimates France will harvest its worst wheat crop since the 1980s, down 25% from last year. Other cereals such as winter barley have also been badly hit.

- Date: 2024-08-12 · published 2024-08-12T12:00:00.000Z
- Category: weather · region France · magnitude high
- Page: https://feedsoft.ai/events/28706-rain-hit-crops-create-triple-whammy-for-french-grain-farmers-reuters
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

A sharp drop in EU's largest grain producer's output tightens European wheat supply and supports prices, likely pulling import demand toward Black Sea origins.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-11-20 | [Russian farmers ditch wheat for other crops after heavy losses](https://feedsoft.ai/events/27441-russian-farmers-ditch-wheat-for-other-crops-after-heavy-losses.md) | -0.0% | +0.4% |
| WHEAT | 2017-06-20 | [Heatwave damages French wheat crops, rain helps in northern Europe](https://feedsoft.ai/events/70429-heatwave-damages-french-wheat-crops-rain-helps-in-northern-europe.md) | -0.9% | -0.9% |
| WHEAT | 2020-09-08 | [French crop growers warn farms at risk after harvest setbacks](https://feedsoft.ai/events/51063-french-crop-growers-warn-farms-at-risk-after-harvest-setbacks.md) | +0.4% | +7.6% |
| WHEAT | 2022-06-29 | [With world short of wheat, Argentina farmers worry about crop \| Reuters](https://feedsoft.ai/events/14026-with-world-short-of-wheat-argentina-farmers-worry-about-crop-reuters.md) | -8.7% | -16.2% |
| WHEAT | 2023-11-13 | [French grain sowing lagging far behind after rains](https://feedsoft.ai/events/33129-french-grain-sowing-lagging-far-behind-after-rains.md) | -2.7% | -2.0% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/rain-hit-crops-create-triple-whammy-french-grain-farmers-2024-08-12/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.