# FranceAgriMer Raises Wheat Export Outlook On Trader Optimism | ESM Magazine

> FranceAgriMer raised its 2019/20 forecast for French soft wheat exports outside the EU to 11.7 million tonnes from 11.0 million, about 14% above last season. Traders expect strong Moroccan demand and a chance to regain West African share from Black Sea suppliers.

- Date: 2019-10-10 · published 2019-10-10T12:00:00.000Z
- Category: trade · region France · magnitude low
- Page: https://feedsoft.ai/events/56511-franceagrimer-raises-wheat-export-outlook-on-trader-optimism-esm-magazine
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A larger export pipeline from France adds supply to world wheat markets and competes with Russian and Ukrainian sales. Freight costs and a possible Russian export recovery could limit the gains.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-10-13 | [FranceAgriMer raises 2023/24 forecast for wheat exports outside EU](https://feedsoft.ai/events/33558-franceagrimer-raises-2023-24-forecast-for-wheat-exports-outside-eu.md) | +0.7% | -1.6% |
| WHEAT | 2019-08-29 | [Big Harvest Means France Needs To Export 20m Tonnes Of Wheat In 2019/20: Agritel \| ESM Magazine](https://feedsoft.ai/events/57527-big-harvest-means-france-needs-to-export-20m-tonnes-of-wheat-in-2019-20-agritel.md) | -3.2% | +0.5% |
| WHEAT | 2021-06-16 | [Black Sea Wheat Exports To Grow 5% In 2021/22 \| ESM Magazine](https://feedsoft.ai/events/46432-black-sea-wheat-exports-to-grow-5-in-2021-22-esm-magazine.md) | -8.0% | -12.7% |
| 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 | 2017-12-14 | [India Doubles Import Duty On Wheat \| Miller Magazine](https://feedsoft.ai/events/67454-india-doubles-import-duty-on-wheat-miller-magazine.md) | +1.3% | +2.5% |

## Sources

- esmmagazine.com: https://www.esmmagazine.com/supply-chain/franceagrimer-raises-wheat-export-outlook-on-trader-optimism-81142

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