The November bulletin reports that autumn harvests in Bourgogne-Franche-Comté are poor, while October rain has supported the emergence of cereal crops. Conventional milk prices are showing encouraging signs, but dairy-cow cull beef is finding buyers with difficulty.
Poor harvests may tighten local crop availability, while stronger conventional milk prices support dairy-sector demand. Weak demand for cull-cow beef puts downward pressure on cattle prices.
After 32 past bullish weather events, Milk (Class III) moved a median +0.1% over 5 sessions (50% higher; middle half -0.7% to +3.4%), and +3.2% over 20.
After 18 past bearish weather events, Live Cattle moved a median +0.1% over 5 sessions (56% higher; middle half -0.7% to +0.9%), and -0.1% 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.