After two years of euphoria, grain producers are at the bottom of the wave

Just as France’s skies are trying to clear up for summer, the horizon for French grain growers seems to have darkened noticeably over the past year. French Chamber of AgricultureThe marketing outlook for French cereals was presented this Thursday, with the quantities of soft wheat currently being harvested and expected to be exported abroad expected to contract severely during the marketing campaign that has just begun. The volumes available for export are 14.1 million tonnes, which is 15% lower than the volumes available in 2023-2024. The same observations were made for barley (-15%) or durum wheat (-10%) used by semolina and pastry manufacturers.

And with good reason, even though weather conditions (rain, hail, lack of sunshine, etc.) have continued to deteriorate in recent months Seriously disrupted France’s main cropsThe 2024 harvest looks very bleak. Only 1% of France’s soft wheat production has been harvested so far. It should not exceed 29.7 million…