
France's farm ministry raised its estimate of the 2023 winter soft wheat sowing area slightly to 4.76 million hectares, up from 4.75 million in December. It also lifted its winter rapeseed area estimate sharply to 1.34 million hectares from 1.29 million.
Barley area was raised as well, while durum wheat was unchanged.
A larger French wheat area points to more EU supply for 2023, which weighs modestly on wheat prices. The bigger rapeseed sowing adds to oilseed supply in Europe.
Setelah 1.006 peristiwa laporan bearish sebelumnya, Gandum (SRW) bergerak median +0,0% selama 5 sesi (50% lebih tinggi; separuh tengah -1,6% sampai +1,8%), dan +0,3% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.