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The condition of France's soft wheat crop was unchanged at 62% good or excellent as of June 17, the lowest for the time of year since 2020. Winter barley ratings also slipped, and wet weather raised concerns about yields and crop disease.
Poor crop ratings point to lower French wheat and barley yields, which supports EU feed grain prices.
ukragroconsult.comJun 24, 2024After 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.
Not enough comparable past events yet for a historical read.
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.
