# Wheat: France and Germany make a firm start into the New Year 2020  - Mundus Agri

> Wheat in France and Germany started 2020 firmly, with EU harvest expectations lowered and feed wheat demand rising. Ukrainian wheat faces drought, while Chicago wheat rose 3.5 cents to 559.5 cents per bushel on speculation of higher Chinese purchases.

- Date: 2020-01-02 · published 2020-01-02T12:00:00.000Z
- Category: weather · region EU · magnitude low
- Page: https://feedsoft.ai/events/55130-wheat-france-and-germany-make-a-firm-start-into-the-new-year-2020-mundus-agri
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower EU crop expectations and drought in Ukraine tighten global wheat supply, and anticipated Chinese buying supports prices.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2020-07-27 | [France to produce smallest soft wheat crop in 25 years \| 2020-07-27  \| World Grain](https://feedsoft.ai/events/52048-france-to-produce-smallest-soft-wheat-crop-in-25-years-2020-07-27-world-grain.md) | +0.4% | -1.6% |
| WHEAT | 2024-06-06 | [France May See Worst Wheat Damage in Years Due to Non-Stop Rain - Bloomberg](https://feedsoft.ai/events/29701-france-may-see-worst-wheat-damage-in-years-due-to-non-stop-rain-bloomberg.md) | +3.7% | -7.6% |
| WHEAT | 2021-05-13 | [A"maize"ing global support for wheat prices \| The Land \| NSW](https://feedsoft.ai/events/47137-a-maize-ing-global-support-for-wheat-prices-the-land-nsw.md) | -1.8% | -4.6% |
| WHEAT | 2017-07-06 | [Food Prices Near 2-Year High Thanks to a Record Surge in Butter and Wheat - Bloomberg](https://feedsoft.ai/events/6181-food-prices-near-2-year-high-thanks-to-a-record-surge-in-butter-and-wheat.md) | -1.4% | +0.3% |
| WHEAT | 2020-07-07 | [France’s soft wheat crop drops due to weather woes \| 2020-07-07  \| World Grain](https://feedsoft.ai/events/52050-france-s-soft-wheat-crop-drops-due-to-weather-woes-2020-07-07-world-grain.md) | +0.8% | +1.2% |
| CORN | 2021-05-13 | [A"maize"ing global support for wheat prices \| The Land \| NSW](https://feedsoft.ai/events/47137-a-maize-ing-global-support-for-wheat-prices-the-land-nsw.md) | -7.7% | -2.2% |
| CORN | 2026-01-13 | [The Year in Agribusiness: Mexico’s Agrifood Sector in 2025](https://feedsoft.ai/events/21000-the-year-in-agribusiness-mexico-s-agrifood-sector-in-2025.md) | +0.6% | +1.4% |
| CORN | 2023-09-20 | [Corn prices extend rebound from near three-yr low; soy, wheat firm \| MarketScreener](https://feedsoft.ai/events/7183-corn-prices-extend-rebound-from-near-three-yr-low-soy-wheat-firm-marketscreener.md) | +0.2% | +0.9% |

## Sources

- mundus-agri.eu: https://www.mundus-agri.eu/news/wheat-france-germany-firm-start-year-2020.n18889.html

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