◂ Event Timeline

Jul 20, 2018REPORTEU

Harvest 2018: The wheat harvest in advance

FranceAgriMer's Céré'Obs report showed French soft wheat harvest 64% complete as of July 19, 2018. The median harvest date is 10 days ahead of the five-year average.

Growing conditions were better than in 2017.

WHY IT MATTERS

A early, relatively good French harvest offers limited price support, so it is a minor factor for feed wheat prices.

AFFECTSWheat (SRW)◆

SOURCE
cam-agri-parts.frJul 20, 2018

Price reaction & history

Wheat (SRW)◆neutralSO FAR1d +0.4%5d +3.1%20d +2.1%

After 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.

Apr 10, 2018France: wheat acreage for the 2018 harvest almost+2.4%
Jun 11, 2026COCERAL advanced the forecast for the wheat harvest in the EU and UK in 2026+4.1%
May 15, 2019New research accurately predicts Australian wheat harvests months in advance+11.2%
Mar 28, 2025EU expects growth in wheat and rapeseed harvests-1.4%
Jun 26, 2024EU's wheat harvest yields similar to the average of the last 5 years-2.0%

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.

Wheat (SRW) WHEAT · GP ▸

——— · ·

Loading…