Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking and Finance Review - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Business > French millers face long grind as rain-hit wheat harvest comes in
    Business

    French millers face long grind as rain-hit wheat harvest comes in

    Published by Jessica Weisman-Pitts

    Posted on September 18, 2024

    2 min read

    Last updated: January 29, 2026

    A scene depicting French millers examining the quality of a rain-damaged wheat harvest. This image reflects the challenges faced by the milling industry in France, including increased costs and lower test weights of wheat, as discussed in the article about the 2024 wheat crop.
    Image showing French millers assessing wheat harvest quality amid rain damage - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:agricultural sectorsfinancial marketsInvestment opportunities

    Quick Summary

    PARIS (Reuters) – Flour mills in France are facing higher costs and a long search for grain as they feel the effects of a dire wheat harvest, the country’s milling industry association said.

    PARIS (Reuters) – Flour mills in France are facing higher costs and a long search for grain as they feel the effects of a dire wheat harvest, the country’s milling industry association said.

    Heavy rain and below-normal sunshine during the growing season led to a soft wheat crop with the smallest volume since the 1980s and poor readings for test weights, an important measure of milling quality.

    Just 28% of the crop was showing test weights – which determine the amount of flour extracted from wheat – meeting the usual standard of 76 kilos per hectolitre, farm office FranceAgriMer said on Wednesday.

    As millers process wheat with low test weights, they were expected to grind 5%-6% more crop than last season for an equivalent amount of flour, thereby raising their costs, Jean-Jerome Javelaud, vice president of industry association ANMF, told Reuters.

    Millers are having to wait to secure supply as grain handlers sort wheat and farmers hold back on selling in response to international wheat prices that barely cover their costs, Javelaud said.

    “It’s going to be a long season,” he said. “Millers are very aware they are going to have to work with test weights of 73, 72, maybe even 71 kilos.”

    In northeast France, where Javelaud runs a mill, the task was particularly arduous, with around half of the soft wheat crop downgraded to animal feed due to test weights below 70 kilos.

    But there was no risk of supply shortages, with the domestic milling industry using about 5 million metric tons of wheat annually, a relatively small portion even of this year’s crop estimated at less than 26 million tons.

    The main impact is expected to be on exports, with French 2024/25 shipments outside the European Union forecast by FranceAgriMer to plunge by 61% from last season.

    Increased extraction costs for millers may also be offset by moderate wheat prices, making it unlikely that consumers will see inflation effects like two years ago when Russia’s invasion of Ukraine caused commodity prices to spiral, Javelaud added.

    (This story has been refiled to remove an extraneous word in paragraph 2)

    (Reporting by Gus Trompiz; editing by David Evans)

    Frequently Asked Questions about French millers face long grind as rain-hit wheat harvest comes in

    1What is wheat?

    Wheat is a cereal grain that is a staple food for many cultures. It is used to make flour for bread, pasta, and other food products.

    2What is milling?

    Milling is the process of grinding grain into flour. It involves several steps, including cleaning, conditioning, and grinding the grain.

    3What is the impact of weather on agriculture?

    Weather conditions, such as rainfall and sunlight, significantly affect crop yields. Adverse weather can lead to lower production and quality.

    More from Business

    Explore more articles in the Business category

    Image for How Commercial Lending Software Platforms Are Structured and Utilized
    How Commercial Lending Software Platforms Are Structured and Utilized
    Image for Oil Traders vs. Tech Startups: Surprising Lessons from Two High-Stakes Worlds | Said Addi
    Oil Traders vs. Tech Startups: Surprising Lessons from Two High-Stakes Worlds | Said Addi
    Image for Why More Mortgage Brokers Are Choosing to Join a Network
    Why More Mortgage Brokers Are Choosing to Join a Network
    Image for From Recession Survivor to Industry Pioneer: Ed Lewis's Data Revolution
    From Recession Survivor to Industry Pioneer: Ed Lewis's Data Revolution
    Image for From Optometry to Soul Vision: The Doctor Helping Entrepreneurs Lead With Purpose
    From Optometry to Soul Vision: The Doctor Helping Entrepreneurs Lead With Purpose
    Image for Global Rankings Revealed: Top PMO Certifications Worldwide
    Global Rankings Revealed: Top PMO Certifications Worldwide
    Image for World Premiere of Midnight in the War Room to be Hosted at Black Hat Vegas
    World Premiere of Midnight in the War Room to be Hosted at Black Hat Vegas
    Image for Role of Personal Accident Cover in 2-Wheeler Insurance for Owners and Riders
    Role of Personal Accident Cover in 2-Wheeler Insurance for Owners and Riders
    Image for The Young Rich Lister Who Also Teaches: How Aaron Sansoni Built a Brand Around Execution
    The Young Rich Lister Who Also Teaches: How Aaron Sansoni Built a Brand Around Execution
    Image for Q3 2025 Priority Leadership: Tom Priore and Tim O'Leary Balance Near-Term Challenges with Long-Term Strategic Wins
    Q3 2025 Priority Leadership: Tom Priore and Tim O'Leary Balance Near-Term Challenges with Long-Term Strategic Wins
    Image for Using Modern Team Management Methods to Improve Collaboration in Hybrid Work Models
    Using Modern Team Management Methods to Improve Collaboration in Hybrid Work Models
    Image for Why Email Deliverability is a Business Risk Your Company Can’t Afford to Ignore
    Why Email Deliverability is a Business Risk Your Company Can’t Afford to Ignore
    View All Business Posts
    Previous Business PostUK supermarket sales growth slows after summer holidays
    Next Business PostUK’s Asda says retail veteran Stuart Rose to lead business