The lowest French wheat harvest since 1983 is set to push European Union production down sharply from last year’s record.
At the same time, while persistent rain is also raising the risk of lower quality in some major wheat belts and an increase of the grain prices, analysts and traders said. French market bureau Agritel have lowered their forecasts of French grain with 5.23 million tonnes to 28.68 million tonnes. This is almost 30% less volume than last season (40.9 million tonnes). In some areas of France, even a 50% lower output is seen.
Source: All About Feed, 26 aug 2016