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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 Das2020年8月26日在过去 431 次看涨的贸易事件之后，小麦(SRW) 在 5 个交易日内中位数变动 +0.0%（50% 上涨；中间一半区间为 -1.3% 至 +2.1%），20 个交易日内为 +0.5%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
Agritel forecasts French wheat exports down nearly 40%, reducing competing supply and supporting world prices.
