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FranceAgriMer analysts raised their forecast for wheat exports from France outside the EU for the next season to 10.1 million tons. This is a slight increase of 0.5% from the previous forecast of 9.8 million tonnes, but is still on par with last season.
At the same time, experts noted a decrease in shipments of French wheat within the EU countries to 6.79 million tons. The figure was down from October's forecast of 7.33 million tonnes, representing a 6.3% decline year-on-year.
Analysts also increased their estimates of soft wheat stocks in France for the current season. The number was revised to 3.06 million tonnes from 2.78 million tonnes in October, indicating an improved outlook for the market.
In addition to this, experts predict that France's corn ending stocks next season could be 1.86 million tonnes. This is significantly more than the October forecast of 1.64 million tons. The estimate for barley ending stocks was also raised to 1.7 million tonnes, up from the previous forecast of 1.65 million tonnes.
This forecast indicates stability and moderate growth in wheat exports from France outside the EU. Despite the slight decline compared to last season, this result remains very acceptable for French manufacturers. The increase in soft wheat stock estimates also creates favorable market conditions and indicates potential for stability and growth in the sector. In addition, rising stock estimates for corn and barley support the outlook for these grain crops.
FranceAgriMer analysts provide valuable information for French agricultural markets. Their forecasts allow businesses to make informed decisions and plan their activities based on up-to-date data on expected export volumes and inventories. This helps ensure stability in the market and overcome potential risks.
In general, the forecast for wheat exports from France outside the EU countries and estimates of grain crop reserves indicate the prospects for sustainable growth and stability in the French agricultural market. FranceAgriMer analysts continue to play an important role in providing up-to-date information and helping French agricultural enterprises to operate and develop successfully.
