Rains weaken wheat outlook for France
Heavy rains in France may lead to the country’s worst soft wheat harvest in 40 years, with production expected to fall to 25.2 million tonnes for the 2024-25 marketing year, 27% below the five-year average. Persistent rains, low temperatures, and disease have hurt yields and quality. The EU’s total wheat production is forecasted to drop to 128.7 million tonnes, down from 133.1 million. Despite these issues, Chicago wheat prices remain low due to strong US supplies.
PARIS, FRANCE — France may experience its worst soft wheat harvest in four decades due to
heavy rains that could see production fall to 25.2 million tonnes in marketing year 2024-25, which
would be 27% below the five-year average,
France is the European Union’s top wheat grower and among its top exporters, but relentless rains
along with a lack of sunshine and low temperatures favoring diseases have impacted yields and
the quality of the crops in most of the country’s growing regions.that the entire French cereals industry would be impacted by the depressed harvest, which would challenge the 24.5 million tonnes produced in 1983.
Weather extremes across Europe have hit grains this season, with excessive rains in northwestern
Europe, and drought and high temperatures hurting corn crops in the east. The EU is projected by
the International Grains Council to produce 128.7 million tonnes of wheat in 2024-25, down from
133.1 million the previous marketing year.
Despite the poor outlook in France and a smaller crop in Russia, wheat traded in Chicago is still
trading near the lowest in four years as US crops keep the market well-supplied.
Source Link : https://www.world-grain.com/articles/20313-rains-weaken-wheat-outlook-for-france
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