
Heat has damaged French wheat crops, and analysts including Agritel have lowered French soft wheat forecasts to 36-37 million tonnes. Rain is helping crops in northern Europe.
Strategie Grains cut its EU soft wheat estimate by 1.1 million tonnes to 141.6 million.
A smaller French and EU wheat crop tightens export supplies from the largest EU grower and supports wheat prices, which feed into feed grain costs.
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.