French wheat export outlook cut, maize stocks seen at 30-year low

PARIS: FranceAgriMer on Wednesday reduced its forecast of French soft wheat exports this season while projecting the smallest maize stocks in at least 30 years, as the farm office factored in a weather-hit maize crop. In cereal supply-and-demand projections, the office forecast soft wheat exports outside the European Union in 2026/27 at 6.3 million ‌metric tons, ‌down from an initial outlook of ‌7.0 ⁠million tons in ⁠July. Forecast French soft wheat shipments within the EU in 2026/27 were rev