French wheat exports hit seven-year high in December

Soft wheat exports from French ports reached a seven-year high in December during the on-going transportation strikes that saw loadings at several ports around the country halted intermittently for several days, Refinitiv data showed Thursday.

The volume of soft wheat exported by boat last month rose to 1.34 million tonnes, the highest for December since 2013 when the country exported 1.41 million tonnes, the data showed.

The second-largest French soft wheat harvest on record, smaller competition from Russia and an unusual run of French wheat sales to China have boosted exports so far in the 2019/20 season that began in July.

Shipments to non-EU countries were at a four-year high for the month, recording 1.22 million tonnes of wheat shipped, compared to 904,000 tonnes a year ago.

Algeria remained the top export destination for French wheat in December, importing 477,000 tonnes, down from last year's total of 563,000 tonnes.

On the other hand, China increased its imports year-on-year by 105,000 tonnes to 235,000 tonnes while Morocco raised them by 33,000 tonnes to 98,000 tonnes, making up for the drop in shipments to Algeria.

More than 755,000 tonnes were loaded on 29 ships in the northern port of Rouen, where union members had organized several strike actions as part of a nationwide protest over pension reforms, the data showed.

Wheat exports outside the European Union total 5.13 million tonnes halfway through the current season, slightly under the 12.2 million tonnes for the full season projected by farm office FranceAgriMer last month.

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