
Early concerns about the French harvest have eased since late October, with mild, humid weather improving conditions. Soft wheat planting reached 93% by 9 November against 82% on the five-year average, and winter barley sowing reached 96%.
Forecasts for mild, wet weather over the next two weeks should help recharge soils that still have a clear water deficit.
Better planting progress and crop conditions in France, a major EU wheat and barley exporter, reduce the risk of a weak harvest and modestly weigh on European wheat and barley prices.
After 334 past bearish weather events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -1.9% to +1.7%), and -0.2% 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.