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France, the EU's largest wheat producer, has had significant dryness in late winter and early spring, and the USDA FAS says more rain is needed for winter crops and for corn planting. The agency is concerned that the 2023-24 crop could face drought similar to the 2020-21 and 2022-23 seasons.
Groundwater levels were described as deteriorated after a very dry winter.
A drought-hit French crop would cut EU wheat exports and could support world wheat prices, while a possible corn shortfall would tighten feed-grain supplies. The risk is still a forecast, so the price effect depends on rainfall over coming weeks.
world-grain.comSusan Reidy2023年5月24日在过去 1,072 次看涨的天气事件之后，小麦(SRW) 在 5 个交易日内中位数变动 +0.2%（55% 上涨；中间一半区间为 -1.4% 至 +2.3%），20 个交易日内为 +0.3%。
在过去 1,465 次看涨的天气事件之后，玉米 在 5 个交易日内中位数变动 +0.2%（54% 上涨；中间一半区间为 -1.4% 至 +1.9%），20 个交易日内为 +0.9%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
