France’s September Wheat Exports Jump 48% on Algeria, EU Buying

France’s soft-wheat exports, the Europe Union’s biggest, rose 48 percent in September from a year earlier on increased deliveries to its biggest client Algeria as well as to Spain, the Netherlands and the U.K.

Exports of soft wheat, used to make bread and cookies, jumped to 1.57 million metric tons in the month from 1.06 million tons in the year-earlier month, government trade data published today showed. Shipments fell 12 percent from August.

France exported 17.1 million tons of soft wheat in 2012-13 as well as 1.59 million tons of the harder durum variety used to make pasta and couscous. That made the country the world’s fourth-biggest wheat shipper behind the U.S., Australia and Canada, based on International Grains Council estimates.

Algeria was the biggest destination for French soft wheat in September, with shipments rising 27 percent to 539,073 tons. The country is Africa’s second-largest wheat importer behind Egypt, according to the IGC.

Soft-wheat exports to Spain jumped 69 percent to 115,916 tons, making the country the second-biggest destination for French soft wheat in the month. Shipments to the Netherlands rose 26 percent to 114,619 tons, while those to the U.K. more than doubled to 64,059 tons.

Durum wheat shipments rose 18 percent from a year earlier to 132,444 tons, barley exports surged 65 percent to 738,973 tons and corn cargoes fell 25 percent to 298,456 tons.

Before it's here, it's on the Bloomberg Terminal.