Thursday, December 15, 2011

Rouen Weekly Grain Shipments Climb 13% on Cuba, Algeria Cargoes

Rouen Weekly Grain Shipments Climb 13% on Cuba, Algeria Cargoes
December 15, 2011, 8:11 AM EST
By Rudy Ruitenberg

Dec. 15 (Bloomberg) -- Grain exports from the French port of Rouen,
Europe's biggest cereal-shipping hub, rose 13 percent in the week ended
yesterday as Cuba took the most wheat in more than a year and cargoes
destined for Algeria picked up.

Outbound grain amounted to 199,407 metric tons from Dec. 8 to Dec. 14
compared with 175,735 tons a week earlier, the Seine River port said in
an e-mailed report today. Export cargoes included 189,182 tons of wheat,
as well as barley and corn.

Morocco was the leading destination with 57,330 tons of wheat, followed
by Cuba with 48,902 tons of the grain, the most since September 2010.
Algeria, the biggest importer of French grain, took 38,850 tons of wheat
after nothing was shipped a week earlier.

Rouen accounted for 45 percent of France's maritime grain exports in
2009-10, ahead of La Pallice on the Bay of Biscay, which shipped out 19
percent, according to data from national crops office FranceAgriMer.

Rouen grain loadings by destination, in tons:

--Editors: John Deane, Sharon Lindores

http://www.businessweek.com/news/2011-12-15/rouen-weekly-grain-shipments-climb-13-on-cuba-algeria-cargoes.html

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