FranceAgriMer reduced forecast of Weizenendbestände 2014/15

The French analyst FranceAgriMer Tuesday reduced its forecast of the French soft wheat stocks at the end of the marketing year 2014/15 (July June) of 3.60 million tonnes (previous month) to 3.00 million tonnes. Compared to the marketing year 2013/14 it would be but still an increase of closing stock by 26.9%.
The prognosis of French wheat exports outside the European Union rose FranceAgriMer to 11.1 million tonnes (previous month: 10.6 million tonnes). Also the forecast of exports to EU countries increased to 7.7 million tonnes from 7.5 million tons.
More predictions of France:
Corn end stocks: 3.4 million tons / month: 3.8 million tonnes (+ 46.7% to the previous year)
Barley end stocks: 960,000 tons / month: 1.3 million tonnes (- 7.8% to the previous year)

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