FRANCE’S 2020/21 WHEAT EXPORTS AT FOUR-YEAR LOW AFTER SLOW JUNE

French soft wheat shipments outside the European Union finished the 2020/21 season with the lowest monthly volume in at least a decade, while overall 2020/21 exports hit a four-year low, Refinitiv data showed.

Soft wheat exports by sea to destinations outside the EU and Britain totalled 122,000 tonnes in June, an initial estimate based on Refinitiv loading data showed.

That was the smallest volume for any month on record going back to the 2009/10 season, with only five ships carrying French soft wheat over the course of the month.

Last month’s exports took the amount of soft wheat shipped by sea outside the EU and Britain in the 2020/21 July-June season to 7.03 million tonnes, the lowest annual volume since 2016/17.

Farm office FranceAgriMer has been projecting a four-year low for French soft wheat exports outside the EU in 2020/21, in line with the smallest French harvest in four years last summer.

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