French wheat crop this year is expected to be high. France is the eu's largest producer of wheat. The office of the crops the French ministry of agriculture (FranceAgriMer) French soft wheat output this year is expected to reach a record 40.4 million tons, an increase of nearly 8% over the previous year.

Paris agricultural consultancy Agritel, said in June this year the hot dry weather also improve the quality of the wheat.

French wheat fertility will exacerbate global excess supply of wheat. The United States department of agriculture is expected this year global wheat ending stocks to rise to record levels.

As of last weekend, the French wheat harvest work has been finished 99%. Warehousing agency Senalia company and Socomac said this month, because the warehouse is full, they have suspended wheat purchase and storage.

Agritel analyst Caroline Bitton said, port has actually been filled with wheat, people need to export. French wheat exports will be unusually strong this year.

On Monday, Euronext Paris stock exchange wheat flour period about fell as much as 1.1%, at 179.25 euros/ton, is to their lowest level in two months. So far this year, milling wheat futures have fallen by 11%.

Bitton said that French wheat crop growth, because this year's wheat harvest area is the highest level since 1936, and the yield is about 4% higher than average. Although French wheat output reached 37.5 million tons last year, only slightly lower than the previous record set in 1998, but the bad quality of wheat, affect the exports.

Although French wheat yield increase, but the eu can reduce wheat production. The European commission expects the eu wheat production of 139.4 million tons, 6.3% less than last year. According to Coceral farm lobby, as the eu's second largest producer, may reduce the number of wheat in Germany, Britain, Poland, Romania and Spain's yield will be reduced.

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