# France raises non-EU wheat export forecast

> FranceAgriMer raised its forecast of French soft wheat exports outside the EU for 2023/24 to 10.2 million tons, citing higher projected sales to China. It cut EU-bound shipments by a similar volume to 6.69 million tons and raised end-season stocks to 3.22 million tons after the starch industry's use was cut following a fire at a Tereos plant. It also warned that the 2024 harvest could fall further after heavy rain limited sowings.

- Date: 2023-12-18 · published 2023-12-18T12:00:00.000Z
- Category: trade · region France · magnitude low
- Page: https://feedsoft.ai/events/32651-france-raises-non-eu-wheat-export-forecast
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Stronger non-EU export demand from China supports European wheat values, but a larger projected carryout and concern over the 2024 crop cap the upside. The net effect on feed wheat prices is modest.

## Read by commodity

- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-04-19 | [Strategy Grains again lowers export estimate for wheat](https://feedsoft.ai/events/65480-strategy-grains-again-lowers-export-estimate-for-wheat.md) | +0.3% | -1.2% |
| WHEAT | 2017-09-29 | [EU wheat eases after U.S. data, Algeria tender gives export boost](https://feedsoft.ai/events/8734-eu-wheat-eases-after-u-s-data-algeria-tender-gives-export-boost.md) | +5.6% | +10.7% |
| WHEAT | 2017-03-24 | [USDA exports – Corn, soybean, wheat sales up for the week](https://feedsoft.ai/events/71846-usda-exports-corn-soybean-wheat-sales-up-for-the-week.md) | +2.3% | +1.5% |
| WHEAT | 2025-09-30 | [Ukraine weekly wheat exports rise \| World Ports Organization](https://feedsoft.ai/events/14175-ukraine-weekly-wheat-exports-rise-world-ports-organization.md) | +0.4% | +5.9% |
| WHEAT | 2018-10-18 | [Wheat exports, the key to higher prices](https://feedsoft.ai/events/62623-wheat-exports-the-key-to-higher-prices.md) | +0.3% | -3.9% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/france-raises-non-eu-wheat-export-forecast/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.