Grain Exports From Rouen Fall 45% as North African Demand Slows
Grain exports from the French port of Rouen, Europe’s biggest wheat-shipping hub, fell 45 percent to a four-month low on reduced shipments to North Africa.
Deliveries declined to 87,774 metric tons in the seven days through April 24 from 160,479 tons in the prior period, the Seine River port wrote in an e-mailed report today. Wheat cargoes plunged to 57,124 tons from 154,145 tons.
Tunisia was the biggest destination, taking 27,500 tons of feed barley. Morocco imported 25,000 tons of soft wheat, a 77 percent plunge from last week.
Rouen accounted for 41 percent of France’s grain exports by sea in 2010-11, exceeding the 17 percent share for La Pallice on the Bay of Biscay and Dunkirk on the North Sea with 11 percent of the total, according to port figures.
Rouen grain loadings by destination, in metric tons:
April 18-24 Soft wheat Morocco 25,000 U.K. 4,400 Belgium 3,970 Durum wheat Italy 23,754 Feed barley Tunisia 27,500 Corn U.K. 3,150
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