JOURNAL ARTICLE

Wheat Holds Gain in Paris With French Exports Expected to Drop.

  • Published In: Bloomberg.com, 2024. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Quinn, Áine; Razzouk, Nayla 3 of 3

Abstract

Wheat futures in Paris are holding steady near a one-week high due to indications of tight supplies in the European Union. France's soft-wheat exports outside the EU are projected to decrease by 60% in the 2024-25 season, which will negatively impact the national wheat sector and cereal exports to third countries. This decline in French exports, along with a poor harvest in Germany, has contributed to the lowest EU soft-wheat production in six years. Despite the challenges in Europe, global wheat supplies are expected to be sufficient due to bumper crops in the US. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2024/08, pN.PAG
  • Document Type:Article
  • Subject Area:Agriculture and Agribusiness
  • Publication Date:2024
  • Accession Number:179339865
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