Market Morsel: French wheat production retreats?

Market Morsel

In the coming months, we will be looking more closely at crop conditions and production around the world, as these will have a big impact on the pricing environment. In this article, we’ll look at France.

Europe is a major producer of wheat, on average producing 132mmt per year since 2016. The top producers are France, Germany, Poland and Romania. Generally, these four nations will provide around 60% of the trading bloc’s wheat production.

France provides the biggest share, and that is what we are looking at today. The conditions of the current crop are being released on a weekly basis.

The third chart below displays the percentage of the crop rated good/excellent, in this case, bonnes/ très bonnes.

The wheat crop is currently judged as being 66% good/excellent. The lowest for this time of year since 2020.

It is important to note that crops can get better, but they are starting out in less-than-ideal conditions.

We’ll keep an eye on this and keep you informed in the coming months.