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French wheat stocks

This article was originally published in The Public Ledger

FRENCH farm office France-Agrimer has estimated the country should see wheat stocks at the end of June 2010 of 4.05m tonnes, 500,000 tonnes higher than its December estimate due to lower local consumption and reduced exports. This compares with 3.1m tonnes a year earlier. Wheat exports are now seen at 8.5m tonnes, a cut of 250,000 tonnes from December.



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