An exceptionally early heatwave in France and Spain may further stress wheat crops after a dry spring though an expected easing in temperature and showers across the region this month should avert large crop losses, analysts and growers said.
Any dent to yields could cause concern in a market seeking to offset war disruption to Ukrainian supply, they said.
Analysts have been projecting France's soft wheat crop, excluding durum, at 33-34 million tonnes, down from 35.5 million last year as they factor in less sowing and mixed yield potential. That could exacerbate yield variations after early June showers helped some crops but missed some parched zones. The hot spell could worsen an expected drop in wheat production this year in Spain and also in Italy.
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