# EU wheat rises on poor French, German crop outlook, weaker euro - Markets - Business Recorder

> Updated results from the French soft wheat harvest show test weights and protein content, key milling criteria, were below the five-year average, according to FranceAgriMer. European wheat futures rose on the poor French and German crop outlook and a weaker euro.

- Date: 2024-08-29 · published 2024-08-29T12:00:00.000Z
- Category: weather · region EU · magnitude medium
- Page: https://feedsoft.ai/events/28711-eu-wheat-rises-on-poor-french-german-crop-outlook-weaker-euro-markets-business
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Lower-quality European wheat supplies and a weaker euro make EU wheat less competitive, supporting wheat prices and feed grain alternatives.

## Read by commodity

- WHEAT: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-03-25 | [Wheat hits 3-week high on French crop worries - Markets - Business Recorder](https://feedsoft.ai/events/31240-wheat-hits-3-week-high-on-french-crop-worries-markets-business-recorder.md) | -0.6% | +1.9% |
| WHEAT | 2024-05-17 | [Wheat rises on Russian crop woes, but US production outlook limits gains - Markets - Business Recorder](https://feedsoft.ai/events/4593-wheat-rises-on-russian-crop-woes-but-us-production-outlook-limits-gains-markets.md) | +19.4% | +8.4% |
| WHEAT | 2024-09-23 | [Chicago wheat rises on global crop concern - Markets - Business Recorder](https://feedsoft.ai/events/5608-chicago-wheat-rises-on-global-crop-concern-markets-business-recorder.md) | +11.3% | +5.5% |
| WHEAT | 2021-04-09 | [CBOT wheat futures rise on European cold snap - Markets - Business Recorder](https://feedsoft.ai/events/47638-cbot-wheat-futures-rise-on-european-cold-snap-markets-business-recorder.md) | -3.6% | -1.4% |
| WHEAT | 2020-06-12 | [French wheat crop stable for second week after punishing spring - Markets - Business Recorder](https://feedsoft.ai/events/52548-french-wheat-crop-stable-for-second-week-after-punishing-spring-markets.md) | -1.3% | -4.6% |
| EURUSD | 2021-03-29 | [Favorable conditions for winter crops, increasing pressure on the prices of new crop wheat](https://feedsoft.ai/events/48163-favorable-conditions-for-winter-crops-increasing-pressure-on-the-prices-of-new.md) | -0.3% | +2.3% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40319771

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