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France's Rouen Grain Exports Slump 52% on Africa Sales

April 12 (Bloomberg) -- Grain exports from the French port of Rouen, Europe’s biggest cereal-shipping hub, slumped 52 percent in the latest week as Morocco didn’t take any wheat for the first time in seven weeks.

Export shipments dropped to 89,985 metric tons between April 5 and April 11 from 189,434 tons a week earlier, the Seine River port wrote in an e-mailed report today. Exports included 86,685 tons of soft wheat.

Algeria was the biggest destination, taking 50,929 tons of soft wheat compared with 59,470 tons the previous week, while Mexico took 26,600 tons of wheat, the first shipped to the country from Rouen since at least August 2010. Morocco was the main destination a week ago, taking 85,250 tons.

Rouen accounted for 41 percent of France’s grain exports by sea in 2010-11, ahead of La Pallice on the Bay of Biscay and Dunkirk on the English Channel, which shipped out 17 percent and 11 percent respectively, according to port data.

Rouen grain loadings by destination, in metric tons:

                 April 5-11
Soft wheat
Algeria              50,929
Mexico               26,600
Portugal              8,255
U.K.                    901

Barley
Russia                3,300

To contact the reporter on this story: Rudy Ruitenberg in Paris at rruitenberg@bloomberg.net

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net

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