41m tonnes of French wheat hits the markets

A glut of EU grain has confirmed poor price prospects for Irish growers, as the harvest continues.

Last week, the French wheat harvest exceeded forecasts, and is likely to total a record 41 million tonnes of grain.

There have also been strong wheat and barley yields in the UK, and in both countries, the bumper harvests have put further pressure on grain prices, as the trade moved to offload surpluses.