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French farmers had harvested 85% of the grain maize crop by October 23, up from 74% a week earlier, according to FranceAgriMer. Soft wheat sowing for next year's harvest reached 54% of expected area, compared with 38% a week before.
Harvest and sowing progress are routine crop pace data that give little new price signal, as the French crop is already largely known.
ukragroconsult.comOct 30, 2023After 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.
After 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.
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.
