Unfavorable weather has reduced France's soft wheat harvest, which Agritel expects at 29.22 million tonnes, the lowest in 25 years. That is a 26% drop from the 2019 crop.
Crop quality is also expected to be low.
A much smaller French crop tightens EU milling wheat supplies and supports Euronext prices, which lifts feed wheat costs for European buyers.
Setelah 1.072 peristiwa cuaca bullish sebelumnya, Gandum (SRW) bergerak median +0,2% selama 5 sesi (55% lebih tinggi; separuh tengah -1,4% sampai +2,3%), 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.