Rouen Grain Exports Slump 65% on Decline in Algeria DeliveriesRudy Ruitenberg
Grain exports from the French port of Rouen, Europe’s biggest wheat-shipping hub, fell 65 percent to the lowest weekly level since December after deliveries to Algeria dropped and a barley cargo to Israel wasn’t repeated.
Deliveries slumped to 72,340 metric tons in the seven days through May 15 from 207,522 tons in the prior period, the Seine River port wrote in an e-mailed report today. Wheat cargoes fell to 55,245 tons from 156,050 tons.
Algeria was the biggest destination, taking 50,845 tons of soft wheat, down from 105,820 tons in the prior week. Spain ranked second with 7,892 tons of barley, against 4,022 tons previously.
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:
May 8-15 Soft wheat Algeria 50,845 U.K. 4,400 Feed barley Ireland 5,500 Spain 4,092 Malting barley Spain 3,800 Portugal 3,703