Towards the end of the season France lowers its grain export indexes

FranceAgrimer corrected the prognostic grain export indexes in 2016-2017

The export of soft wheat will be 11.47 million tonnes, which is 0.8% less than the May forecast and 46.2% less than the previous year. 5.9 million tonnes of soft wheat have been delivered to EU countries, up by 2.3% above the previous forecast and 26.5% less than 2015-2016. Export to third countries reaches 5 million tonnes (-4% and -60.4%).

Export of feed barley will drop by 0.5% compared to the May forecast down to 5.166 million tonnes, down by 32.8% compared to 2015-2016. 2.751 million tonnes of barley will be exported to EU member states, which is 0.8% less than the May forecast and 9.1% less than the previous season. The ending stocks of barley in the country will be 974,000 tonnes (-2% and -24.6%).

Export of corn will be 4.423 million tonnes (-4% and -27.5%). 4,103 million tonnes (-4.2% and -27%) will be shipped to EU member states. 200,000 tonnes of corn will be shipped to third countries, which is 43.5% less than the previous season. The ending stocks of corn will be 2.279 million tonnes (+ 5.7% and -8.3%).