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FranceAgriMer projects French soft wheat exports outside the EU at 7.5 million tonnes in 2024/25, down from 10.2 million, and end-of-season stocks falling to 3 million tonnes from 3.83 million. The office warned these figures will likely be revised lower.
Sharply lower French exports remove a major supply source from world markets, supporting global wheat prices.
ukragroconsult.comJul 12, 2024After 769 past bullish report events, Wheat (SRW) moved a median +0.2% over 5 sessions (53% higher; middle half -1.4% to +2.0%), and +0.2% 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.
