Poultry
xClose

Loading ...
Swine
xClose

Loading ...
Dairy & Ruminant
xClose

Loading ...
Aquaculture
xClose

Loading ...
Feed
xClose

Loading ...
Animal Health
xClose

Loading ...
RSS

December 11, 2008
   

France's 2008-09 corn output forecasts up, ending stocks forecasts

 
  
French 2008-09 corn production is expected to reach 15.5 million tonnes, up 79,000 tonnes from the November estimate and up 8 percent on year, said L' Office National Interprofessionnel des Grandes Cultures, or ONIGC Wednesday (December 10).


Corn 2008-09 exports were revised down slightly, resulting in ending stocks forecasts increasing to 3.5 million tonnes, from November's 3 million tonnes. This is significantly larger than 2007-08's ending stocks of 2.2 million tonnes.


Corn is struggling to compete with feed wheat for animal feed after a bumper crop of lower quality wheat.


Estimates for the 2008-09 soft wheat crop remained inline with November estimates at 37.3 million tonnes, a 21 percent increase on year.


ONIGC said the increased production of soft wheat was due to an increase in the plantings and high yields.


Forecast soft wheat exports to European Union countries were revised down to 6.9 million tonnes, from November's 7.1 million tonnes.


However, non-EU exports were maintained at 9 million tonnes, versus 2007-08's 4.9 million tonnes.


France has a favourable export position, helped by the strengthening dollar and weakening euro, along with production problems in wheat producing countries including Ukraine and Argentina, said ONIGC. 
    
On December 10, ONIGC issued the following domestic crop estimates. Figures are in millions of tonnes. 
    

 

2008-09 Forecast

2007-08 Estimate

SOFT WHEAT

 

 

Total resources

35.955

30.029

Production

37.321

30.775

Exports to EU

6.880

7.293

Exports to non-EU

9.000

4.914

Ending stocks

3.624

2.686

CORN

 

 

Total Resources

16.014

15.189

Production

15.498

14.355

Exports to EU

5.045

4.980

Exports to non-EU

0.400

0.214

Ending stocks

3.464

2.190

BARLEY

 

 

Total Resources

10.703

8.558

Production

12.305

9.586

Exports to EU

3.416

3.354

Exports to non-EU

1.650

1.127

Ending stocks

1.878

0.718

HARD/DURUM WHEAT

 

 

Total Resources

2.335

2.204

Production 

2.140

1.989

Exports to EU

0.700

0.743

Exports to non-EU

0.400

0.415

Ending stocks

0.435

0.243

 

Share this article on FacebookShare this article on TwitterPrint this articleForward this article
Previous
My eFeedLink last read