
Rain in Europe brought relief to parched wheat belts, but analysts said more moisture is needed to prevent a smaller harvest than last year's bumper crop. The European Commission cut its EU wheat forecast by over 4 million tonnes to 121.5 million, 7% below last year.
Traders expect a French soft wheat crop of 32-33 million tonnes, compared with 39.5 million last year.
Rain stabilizes the EU crop outlook, easing some upward price pressure from a smaller harvest, though a much smaller crop remains supportive for wheat.
Setelah 224 peristiwa cuaca netral sebelumnya, Gandum (SRW) bergerak median -0,1% selama 5 sesi (46% lebih tinggi; separuh tengah -1,4% sampai +1,5%), dan +0,4% 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.