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Copa & Cogeca reports EU-28 wheat production down 10% and rapeseed down 9.2% versus 2015, with France's wheat output down about 30%. Some regions saw yield losses up to 50%, and farmers cited limits on plant protection products.
Lower EU wheat and rapeseed output reduces domestic feed grain and rapeseed meal supplies, supporting prices for substitute feed ingredients.
bakeryandsnacks.comGill HyslopNov 8, 2016After 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.
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.
