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Quotes European wheat was grown on the lower forecasts of grain harvest in France
On Thursday, the stock prices of French wheat grown on regular forecasts of reduced production in the EU, this time from the Agency Strategie Grains
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Experts do not exclude that in view of the continuing adverse conditions in several countries of the European Union may further reduce the targets.

The September quotes milling wheat on the Paris stock exchange MATIF rose by €1.00 to 167,75 €/ton (187,31 $/ton).

We will remind, Strategie Grains reduced its forecast for the crop of soft wheat in the EU is 7.7 million tons to 137,9 million tons, according to Reuters.

The main reason for the lower forecast was the deterioration of prospects for wheat production in France, the largest producer of this crop in the EU. According to analysts ' estimates, France will gather 29.5 million tons, 2.9 million tons less than expected in July, and 11.1 million tons below last year's record.



Translated by service "Yandex.Translation"
Источники: Agro2b
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