Researchers from INRA, CNRS and CEA published a study in Nature Communications showing that unusually warm late autumn temperatures worsened the effect of excess spring rain on wheat yields. The study uses France's 2016 wheat crop, which fell 20 to 50% in the main basin, as its key example.
The findings improve yield forecasting for extreme weather, which matters for European wheat supply risk, but they do not change current crop estimates on their own.
After 224 past neutral weather events, Wheat (SRW) moved a median -0.1% over 5 sessions (46% higher; middle half -1.4% to +1.5%), and +0.4% 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.