
French farm output was hit in 2026 by drought and heatwaves, with maize and sugar beet posting their worst crops since 1980 and wheat falling 5%. Higher fertilizer and fuel costs, along with falling wine exports, are further weakening the sector.
Smaller French maize and wheat crops reduce EU feed grain supply and support corn and wheat prices. Rising input costs may also limit future planting and production.
After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% over 20.
After 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.
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.