08 May, 2017

France: Projected barley ending stocks to total 993 thousand tonnes this season

FranceAgriMer has trimmed slightly the country’s projected barley ending stocks at the close of the 2016/17 season to 993,000 tonnes, mostly due to an increase in expected barley shipments within the EU, to 2.8 million tons from 2.7 million, Reuters reported on May 10.

FranceAgriMer left unchanged its outlook for exports outside the EU at 2.4 million, after a sharp upward revision last month, but continuing strong demand from Saudi Arabia meant this objective was "easily attainable", Olivia Le Lamer of FranceAgriMer's grain unit told reporters.

Rainfall in France after a long dry spell had eased concerns about this year's harvest, officials said.

"As of today we're looking at the yield potential of an average year," Remi Haquin, a farmer and head of FranceAgriMer's grain committee, said, stressing that "it's the month of June that makes or breaks the harvest."

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