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Rouen Port Grain Exports Slump 56% as Wheat Exports Fall

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June 7 (Bloomberg) -- Grain exports from the French port of Rouen, Europe’s biggest cereal-shipping hub, slumped to their lowest level in six weeks as wheat deliveries dropped.

Total export cargoes fell to 49,400 metric tons between May 31 and June 6 from 112,966 tons a week earlier, the Seine River port wrote in an e-mailed report today. That included 42,085 tons of soft wheat, down from 105,866 tons the previous week.

Algeria was the biggest destination with 25,874 tons of soft wheat, down from 52,050 tons a week earlier.

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 North Sea, which shipped out 17 percent and 11 percent respectively, according to port data.

Rouen grain loadings by destination, in metric tons:

                 May 31-June 6
Soft wheat
Algeria             25,874
Gabon                9,000
U.K.                 7,211

Barley
Ireland              4,277
Portugal             3,038

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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