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Coceral raised its EU plus UK soft wheat forecast by 0.4 million tonnes to 134.5 million tonnes, still 4% below 2023. It cut its barley and rapeseed forecasts and raised its maize estimate to 64.8 million tonnes.
Lower EU rapeseed and barley offset a slightly larger wheat crop, tightening feed-grade supplies and supporting rapeseed meal and barley prices.
energynews.oedigital.comJul 12, 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.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% 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.
