EU wheat exports slip 11%

BRUSSELS, BELGIUM — European Union tender wheat exports are down 11% to fifteen.84 million tonnes because the begin of the 2023-24 season in July, in comparison with a yr in the past, Reuters reported, citing European Fee information.

The Fee’s information as of Jan. 7 confirmed Romania was nonetheless the largest EU tender wheat exporter up to now in 2023-24, with 4.07 million tonnes shipped, adopted by France with 3.36 million, Poland with 2.34 million, Bulgaria at 1.67 million and Lithuania at 1.49 million.

EU wheat exports this season have been curbed by sturdy Russian competitors, together with in Algeria, although the hole in contrast with final season has narrowed in current weeks, partly reflecting French shipments to China.

In response to the Fee, the highest 5 locations for the EU’s tender wheat exports up to now in 2023-24 have been Morocco (2.24 million tonnes), Nigeria (1.54 million), Algeria (1.37 million), Egypt (1.28 million) and South Africa (796,282).

EU barley exports totaled 3.17 million tonnes, up 3% from 2022-23, whereas EU maize imports have been at 9.03 million tonnes, down 43% from a yr earlier. For maize imports, Spain remained the biggest EU purchaser up to now in 2023-24 with 3.95 million tonnes.