French Wheat Set for Comeback After Worst Harvest in Decades
- Strategie Grains report forecasts recovery in output next year
- The top EU wheat producer will lead increases in bloc’s output
Puddles sit in a water logged field of wheat as wet weather delays harvest in the Nord-Pas-de-Calais region, near Arras, France, on Monday, Aug. 8, 2016.
Photographer: Jasper Juinen/BloombergThis article is for subscribers only.
After the worst French wheat crop in decades this season, the European Union’s largest producer looks set to return to global export markets.
Output of soft wheat is expected to jump by about a third to 37.7 million metric tons in the season starting July, according to estimates from Tallage, publisher of the Strategie Grains report. That will lead production increases in the EU, lifting shipments.