French wheat exports will grow to 8 million tons — Argus

The volume of soft wheat exports from France outside the EU is expected to increase to 8 million tons by 2025-2026, according to Argus Media. France is the largest grain producer in the EU. The country has just completed its harvest. The gross harvest was estimated by the British price agency at 33.4 million tons. Meanwhile, the European Commission has recently stopped publishing statistics on French wheat exports. Last season was extremely unsuccessful for French farmers. As a result, wheat exports fell to the lowest level of the current century—3.5 million tons. Despite the expected recovery in exports in 2025-2026, Argus predicts that France will end up with the largest soft wheat reserves in two decades—4 million tons. "With stable demand within the country and in Europe, the growth in production in France means that it is necessary to actively export to third countries," Reuters quotes the price agency. To balance the supply, exports outside the EU will need to reach ...