Harvest in France for 2024: Are we heading towards a dark year?

Published 2024년 7월 26일

Tridge summary

French farmers are facing significant challenges due to adverse weather, geopolitical tensions, and increased competition from Russian wheat exports. The 2024 wheat harvest is expected to be poor, with lower yields and quality, leading to a significant decline in French wheat exports and impacting farmers' incomes. Additionally, countries like Algeria are reducing their dependence on foreign imports by boosting local cereal production, further threatening French market share. Global warming and geopolitical instability add to the uncertainty facing French agriculture.

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

Original content

It is no longer a surprise, the weather is undermining the morale and work of farmers. Even if everything is not decided, since less than half of the agricultural areas have been harvested, the first results are not good. The latest estimates of soft wheat for this campaign are between 26.2 Mt and 29.5 Mt. In 2023, they were 35.2 Mt! Added to this are the echoes of the first harvests north of Paris which do not live up to expectations. And as if that were not enough, the quality of the wheat will not necessarily be there. The situation is alarming, 2024 could be a dark year, similar to 2016, when grain yields and quality were at their lowest. As for French exports, they will not be as good as in previous years. And they weigh on the income of farmers. Fewer exports mean fewer profits for them. According to FranceAgriMer, exports of soft wheat to third countries for this campaign could be only 7.5 million tonnes, compared to 10.2 Mt in 2023/2024. The gap is big! For the moment, it ...

Source: Pleinchamp