Sept. 6 (Bloomberg) -- Grain exports from the French port of Rouen, Europe’s biggest cereal-shipping hub, slumped 55 percent in the latest week as wheat cargoes to Algeria declined.
Outgoing grain cargoes fell to 76,597 metric tons between Aug. 30 and Sept. 5 from 169,497 tons a week earlier, the Seine River port wrote in an e-mailed report today.
Shipments in the week included 73,791 tons of wheat, down from 159,450 a week earlier, with Algeria and Portugal the biggest destinations. Wheat deliveries to Algeria, the biggest importer of French grain, fell to 48,800 tons from the previous week’s 109,150 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, with a share of 17 percent, and Dunkirk on the North Sea, at 11 percent of the total, according to port figures.
Rouen grain loadings by destination, in metric tons:
Aug. 30-Sept. 5 Soft wheat Algeria 48,800 Portugal 12,600 U.K. 10,691 Ireland 1,700 Malting barley Netherlands 2,806
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