April 14, 2012
France's Rouen grain exports plunge 52%
Grain exports from France's Rouen port, Europe's top cereal-shipping hub, collapsed 52% in the latest week as Morocco did not take any wheat for the first time in seven weeks.
Export shipments dropped to 89,985 tonnes between April 5 and April 11 from 189,434 tonnes a week earlier, the Seine River port wrote in an e-mailed report. Exports included 86,685 tonnes of soft wheat.
Algeria was the biggest destination, taking 50,929 tonnes of soft wheat compared with 59,470 tonnes the previous week, while Mexico took 26,600 tonnes of wheat, the first shipped to the country from Rouen since at least August 2010. Morocco was the main destination a week ago, taking 85,250 tonnes.
Rouen accounted for 41% of France's grain exports by sea in 2010-11, ahead of La Pallice on the Bay of Biscay and Dunkirk on the English Channel, which shipped out 17% and 11%, respectively, according to port data.