France cuts soft wheat crop estimate, raises maize forecast

Published 2024년 9월 18일

Tridge summary

France's farm ministry has lowered its 2024 soft wheat output estimate by 2.54 million metric tons to 25.78 million, a 27% decrease from the previous year, due to wet weather that caused delays, damage, and disease. Barley output is also expected to decrease by 1.35 million tons, a 18% drop from last year. However, grain maize production is projected to increase by 480,000 tonnes to 14.39 million tons, an 11% rise from last year. The sugar beet crop is expected to increase by 2.65 million tonnes to 34.38 million tons, a 8.4% increase from 2023, while rapeseed production is estimated to be slightly above last month's estimate at 3.95 million tonnes, but an 8% decrease from last year.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

France’s farm ministry on Tuesday again lowered its estimate of the country’s 2024 soft wheat output, now expected 27% below last year’s volume, making it one of the worst harvests in the past 40 years in the European Union’s largest grain grower. Wet weather since last autumn in France has delayed plantings, hurt plant development and increased crop disease, prompting observers to regularly cut their grain crop estimates. The ministry lowered its estimate of the 2024 soft wheat crop to 25.78 million metric tons from 26.32 million last month and the lowest volume since 1986. The estimate is now in line with French analysts who have pegged the harvest between 25-26 million tonnes. For barley, the ministry cut this year’s output to 10.05 million tonnes versus 10.40 million estimated last month, now 18% below last year. Of this, winter barley output was expected to fall 28% to 7.0 million tons while spring barley would rise 18% to 3.05 million. For grain maize, harvesting of which is ...

Source: UkrAgroConsult