FranceAgriMer maintains non-EU soft wheat export forecast

FranceAgriMer kept its non-EU soft wheat export forecast at 7.1 million tons on Wednesday. Ending stocks for the season are projected to hit a ten-year high.

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The farm office FranceAgriMer has maintained its monthly outlook for France soft Wheat exports to destinations outside the European Union for the 2025/26 season. This decision marks the end of a four-month period characterized by successive downward revisions. While shipments from the region are rebounding from a significant slump following a poor 2024 harvest, they continue to face pressure from intense global competition in a saturated market.

The corporate logo of Leidos Holdings Inc is displayed on a facility located in San Diego, California, captured on September 17, 2020. REUTERS/Mike Blake