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Commodities  |  June 07, 2011 20:23:20

The expected rainfall could improve growing conditions in France and Germany


French and German farmers waited for rain this weekend and this week they expect steady rain, which could improve the growing conditions and reduce concerns about wheat yields this year. According to the short-term forecasting WeatherEdge, rainy conditions may last until the end of this week. Nevertheless, eastern France and Germany continue to face substantial risk of production losses due to persistent drought.
French production in the harvest year 2011-12 is likely to fall by 10% -15%, said France Export céréales estimate. FEC expected wheat output this year at 36.54 million tons. According to a report issued by the Met Office Meteo France Spring 2011 was the warmest and driest in the history of monitoring since 1976.
Paris Grains analyst firm Strategy in May this year reduced the estimate of wheat production in the EU by 3.6 million tons to 131.5 million tonnes, referring to the dry weather that plagues the four largest growing states France, Germany, Poland and Great Britain. At the same time slightly reduced production estimates for durum wheat, corn and rye. The downward revision of the wheat supply will limit EU exports in the harvest in 2011-12 to about 17 million tons, a decrease of 2 million tons from the previous estimate. Grains, however, emphasized the strategy to improve exports of the former Soviet Union, Kazakhstan, Russia and Ukraine, the estimated annual increase of 14 million tons.

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