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Stratégie Grains' pre-harvest crop tour surveyed French soft wheat fields from 20 to 23 June, counting ears and grains per square meter. Early results show yields in the surveyed regions expected to be lower than in 2021.
Confirmation of lower French wheat yields supports the bullish case for EU wheat supply and prices, though the effect is incremental given existing expectations.
feedinfo.comJul 1, 2022After 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.
