AGL 39.58 Decreased By ▼ -0.42 (-1.05%)
AIRLINK 131.22 Increased By ▲ 2.16 (1.67%)
BOP 6.81 Increased By ▲ 0.06 (0.89%)
CNERGY 4.71 Increased By ▲ 0.22 (4.9%)
DCL 8.44 Decreased By ▼ -0.11 (-1.29%)
DFML 41.47 Increased By ▲ 0.65 (1.59%)
DGKC 82.09 Increased By ▲ 1.13 (1.4%)
FCCL 33.10 Increased By ▲ 0.33 (1.01%)
FFBL 72.87 Decreased By ▼ -1.56 (-2.1%)
FFL 12.26 Increased By ▲ 0.52 (4.43%)
HUBC 110.74 Increased By ▲ 1.16 (1.06%)
HUMNL 14.51 Increased By ▲ 0.76 (5.53%)
KEL 5.19 Decreased By ▼ -0.12 (-2.26%)
KOSM 7.61 Decreased By ▼ -0.11 (-1.42%)
MLCF 38.90 Increased By ▲ 0.30 (0.78%)
NBP 64.01 Increased By ▲ 0.50 (0.79%)
OGDC 192.82 Decreased By ▼ -1.87 (-0.96%)
PAEL 25.68 Decreased By ▼ -0.03 (-0.12%)
PIBTL 7.34 Decreased By ▼ -0.05 (-0.68%)
PPL 154.07 Decreased By ▼ -1.38 (-0.89%)
PRL 25.83 Increased By ▲ 0.04 (0.16%)
PTC 17.81 Increased By ▲ 0.31 (1.77%)
SEARL 82.30 Increased By ▲ 3.65 (4.64%)
TELE 7.76 Decreased By ▼ -0.10 (-1.27%)
TOMCL 33.46 Decreased By ▼ -0.27 (-0.8%)
TPLP 8.49 Increased By ▲ 0.09 (1.07%)
TREET 16.62 Increased By ▲ 0.35 (2.15%)
TRG 57.40 Decreased By ▼ -0.82 (-1.41%)
UNITY 27.51 Increased By ▲ 0.02 (0.07%)
WTL 1.37 Decreased By ▼ -0.02 (-1.44%)
BR100 10,504 Increased By 59.3 (0.57%)
BR30 31,226 Increased By 36.9 (0.12%)
KSE100 98,080 Increased By 281.6 (0.29%)
KSE30 30,559 Increased By 78 (0.26%)

PARIS: France should harvest between 38 and 39 million tonnes of soft wheat this summer with quality levels meeting export standards, Soufflet, one of the country's largest grain exporters, said on Friday.

The wheat harvest is in full swing in France, the European Union's largest producer. Results are showing good yields despite a record-breaking heatwave that caused mainly local damage, prompting producers to raise their output estimates.

Market estimates for the French 2019 soft wheat crop was at around 38 million tonnes about a week ago. The farm ministry forecast 37 million tonnes early this month.

France harvested 34 million tonnes of soft wheat last year.

"Yields are good to very good," Francois Berson, head of grain procurement, said in a video posted on Soufflet's Youtube account.

"It won't be as high as 2015 but as of today we estimate the French (wheat) output at between 38 and 39 million tonnes, knowing that there is still 20% to 25% of the wheat to be harvested by the end of the week or early next," he said.

Soufflet's average protein content stood at 11.5%, a level that will pose no problem on the export market, he said.

The family-owned group said earlier this month that protein content was rising as the harvest was progressing north.

Overseas milling wheat importers usually require a minimum of 11% protein content.

In contrast the protein level of the spring barley crop was poor this year, at an average of 9.7%, above market specifications, but with some results as low as 8%, Berson said.

Berson also referred to a sharp drop in France's rapeseed crop this year, which he pegged at 30% to 40%, due mainly to a fall in area as a result of adverse weather.

The French farm ministry earlier this month estimated the fall in France's rapeseed output at 27% to 3.6 million tonnes.

Copyright Reuters, 2019

Comments

Comments are closed.