As analysts in France continue to downgrade French wheat expectations, UK traders are looking to take advantage of the gap in the market. Early results suggest UK wheat has not suffered the forecasted yield or quality issues and industry experts expect to know more about the UK harvest by the end of the month. Industry experts said a switch to high yielding milling wheats, such as KWS Lili, mean the UK is in a good position to capitalise on French problems. "Assuming 75 per cent of the UK milling crop meets specification then we could have up to 1 million tonnes of suitable exportable surplus." Mr Lane added exports to North African markets could be especially important this year.

Source: The North Africa Journal August 15, 2016 10:02 UTC