Farming agency FranceAgriMer lowered its forecast for French soft wheat exports outside the EU this season for a third straight month and said there could be more cuts due to unrelenting competition from the Black Sea region. In cereal supply and demand data published on Wednesday, FranceAgriMer pegged French soft wheat exports to non-EU countries in 2017/18 at 9.3 million tonnes, down from the 9.5 million it had estimated in December. The move had been anticipated by some traders given a sluggish first half to the July-June export campaign, which has left the EU’s biggest grain producer lagging the pace needed to clear its surplus.