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FranceAgriMer said 79% of French soft wheat was in good or excellent condition in the week to 21 June, down from 81% a week earlier. Winter barley harvesting had begun, with 1% of the crop area cut.
A slight decline in crop ratings modestly reduces expectations for French supply, a small supportive factor for wheat. The rating change is small and the crop remains in good shape.
brecorder.comReutersJun 25, 2021After 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.
