# FranceAgriMer raises 2023/24 forecast for wheat exports outside EU

> FranceAgriMer raised its 2023/24 forecast for French soft wheat exports outside the EU to 9.80 million tons from 9.50 million, while cutting intra-EU shipments to 7.33 million tons. It also raised barley exports outside the EU to 3.10 million tons and projected larger end-season barley stocks.

- Date: 2023-10-13 · published 2023-10-13T12:00:00.000Z
- Category: trade · region EU · magnitude low
- Page: https://feedsoft.ai/events/33558-franceagrimer-raises-2023-24-forecast-for-wheat-exports-outside-eu
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Higher French wheat and barley exports to non-EU buyers tighten competition in export markets, though larger barley stocks add some offsetting supply.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-05-11 | [France raised its forecast for wheat and barley export](https://feedsoft.ai/events/70953-france-raised-its-forecast-for-wheat-and-barley-export.md) | -2.4% | +0.8% |
| WHEAT | 2019-10-10 | [FranceAgriMer Raises Wheat Export Outlook On Trader Optimism \| ESM Magazine](https://feedsoft.ai/events/56511-franceagrimer-raises-wheat-export-outlook-on-trader-optimism-esm-magazine.md) | +4.1% | +1.9% |
| WHEAT | 2019-05-24 | [Russian grain exports forecast to rise \| 2019-05-24  \| World Grain](https://feedsoft.ai/events/58944-russian-grain-exports-forecast-to-rise-2019-05-24-world-grain.md) | -12.2% | -6.1% |
| WHEAT | 2024-08-09 | [Russia. Exports by ship and logistics forecast for 2024/25 MY](https://feedsoft.ai/events/14278-russia-exports-by-ship-and-logistics-forecast-for-2024-25-my.md) | +0.2% | -3.1% |
| WHEAT | 2024-07-09 | [Russia posts record wheat exports for 2023-24, plus structural changes for importers and exporters - Fastmarkets](https://feedsoft.ai/events/14286-russia-posts-record-wheat-exports-for-2023-24-plus-structural-changes-for.md) | -4.0% | -2.8% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/franceagrimer-raises-2023-24-forecast-for-wheat-exports-outside-eu/

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