According to the forecasts presented CRM AgriCommodities, the yield of wheat in France in 2016 will decrease to 55 kg/ha. This figure is 24% less than the national average over the last five years. Moreover, it is the lowest rate since 1986, according to Bloomberg.
Weather conditions in the form of excessive precipitation significantly worsened the condition of crops of wheat, the quality of which is assessed as the worst in the last few years. In some areas in the North of the country most affected by the floods, the yield of wheat may drop to 30 t/ha, raised concerns analysts CRM AgriCommodities.
Gross harvest of soft wheat, according to expert forecasts, may fall below the level of 30 million tons. About two months ago, the expectations for the harvest in France was much higher and was about 36-38 million tons. Recall that last year, France harvested a record crop - nearly 41 million tons.
The main problem in this situation is that small production volumes and low quality of French wheat will not allow her this season to compete with cheaper grain imported from the black sea countries.
Translated by service "Yandex.Translation"