
Adverse weather, including a parched spring and summer plus insect damage, caused a sharp drop in French cereal and rapeseed production. Growers warned that sugar beet yields may also plunge at harvest.
Lower French cereal and rapeseed output reduces EU feed grain and oilseed meal supply, supporting prices for imported alternatives.
After 1,072 past bullish weather events, Wheat (SRW) 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.
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.