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The JRC MARS bulletin says most European winter crops are in fair to good condition after slightly warmer-than-usual weather. Frost tolerance is weakly developed, especially around the Black Sea, and drought persists in Morocco.
Poorly hardened winter crops in the Black Sea region face frost risk, and Moroccan drought cuts local crop growth, which could tighten wheat and barley supplies if a cold snap hits.
agroportal.ptComissão EuropeiaJan 20, 2023After 1,072 past bullish weather events, WHEAT 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.
