Laden…
Consultancy Agritel forecasts French soft wheat exports will fall nearly 40% to 13 million tonnes in 2020/21, from 20.9 million a year earlier. Its 2020 French harvest estimate is 29.22 million tonnes, down from 39.5 million.
Exports to Algeria are expected to drop sharply, while Egypt is expected to buy none from France.
A large cut in French export availability removes a major supplier from world wheat markets, supporting prices and redirecting demand to Russia and Ukraine.
esmmagazine.comDayeeta Das26 aug 2020Na 431 eerdere opwaarts handel-gebeurtenissen bewoog Tarwe (SRW) zich mediaan +0,0% over 5 sessies (50% hoger; middelste helft -1,3% tot +2,1%), en +0,5% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.
Agritel forecasts French wheat exports down nearly 40%, reducing competing supply and supporting world prices.
