French soft wheat export outlook steady, ending stocks raised to 3.5 million tonnes

After 1,006 past bearish report events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), and +0.3% over 20.

• Apr 9, 2026Wheat stocks hit 5-year high as USDA holds export outlook steady+3.1%
• May 1, 2026April WASDE Holds Corn, Soybean Ending Stocks Steady, Raises Wheat Stocks-2.9%
• Feb 7, 2025SovEcon raises 2025/26 Russian wheat export forecast amid higher beginning stocks | Miller Magazine-1.0%
• Apr 8, 2022PF Report Reaction: U.S. corn, wheat ending stocks higher than expected - Pro Farmer-2.0%
• Dec 12, 2017U.S. soybean, wheat ending stocks seen up as exports fall - Grainews+1.4%

After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.

• Apr 9, 2026Wheat stocks hit 5-year high as USDA holds export outlook steady+0.9%
• Apr 8, 2022PF Report Reaction: U.S. corn, wheat ending stocks higher than expected - Pro Farmer-0.7%
• Jun 1, 2026SovEcon trims Russia’s current wheat export outlook, sees stronger 2026/27 potential | Miller Magazine-5.5%
• Dec 12, 2018USDA raises 2019 wheat and corn ending stocks | 2018-12-12 | World Grain+1.1%
• Feb 8, 2024USDA Trims South American Production, Raises U.S. Ending Stocks-1.4%

Not enough comparable past events yet for a historical read.