# Markets Mixed Ahead Of Weekend Weather | Feed & Grain

> Argentina's wheat seeding was 98% complete, and its harvest reached 72%, ahead of the prior week. Strategie Grains cut its French soft wheat forecast to 37-37.5 million tonnes, citing disappointing yields in the northeast and lower falling numbers. Argentine export shipments for July are running at about 3 million tonnes.

- Date: 2021-07-23 · published 2021-07-23T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/46022-markets-mixed-ahead-of-weekend-weather-feed-and-grain
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

The French cut tightens EU wheat supply and quality, which supports wheat prices. Stable Argentine output limits the upside, so the net effect on feed grain prices is modest.

## Read by commodity

- WHEAT: bullish ▲

## Sources

- feedandgrain.com: https://www.feedandgrain.com/events/event-calendar/blog/15386746/markets-mixed-ahead-of-weekend-weather

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.