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Eurostat reported that the EU harvested nearly 317 million tonnes of cereals in the reference year, with common wheat and spelt at 48% of output, barley at 19% and grain maize at 19%. France accounted for 23% of EU cereal production, Germany 15% and Poland 9%.
This is background structural data on EU production shares, with limited immediate price impact. It confirms France's central role in EU wheat and maize supply, which makes French weather a key price driver.
ec.europa.euApr 13, 2017After 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.
After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
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.
