Loading…
FranceAgriMer reported that French farmers had sown 76% of the expected soft wheat area by Nov. 2, up from 66% a week earlier.
Sowing is ahead of last year and in line with the five-year average, and winter barley sowing reached 87%.
Sowing progress that is on pace with recent years points to a normal French wheat crop, so it has little direct effect on prices.
financialpost.comReutersNov 6, 2020After 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.
