EU 2023/24 soft wheat exports down 18% by Dec 3
ARIS, Dec 5 (Reuters) – Soft wheat exports from the European Union since the start of the 2023/24 season in July had reached 12.52 million metric tons by Dec. 3, down 18% compared with 15.26 million a year earlier, data published by the European Commission showed on Tuesday.
EU barley exports totalled 2.79 million tons, down 1% from 2.81 million tons in the corresponding period in 2022/23, while EU maize imports were at 7.36 million tons, 43% below a year-earlier 12.88 million.
However, the Commission said grain export data for Bulgaria was still lacking since mid-September, while import and export data for Italy was missing since Nov. 17.
Bulgaria is usually among the EU’s largest wheat exporters, while Italy is one of the bloc’s biggest cereal importers.
The Commission’s current figures showed Romania was the biggest EU soft wheat exporter so far in 2023/24, with 3.46 million tons shipped, followed by France with 2.52 million, Poland with 2.12 million, Germany at 1.19 million and Lithuania at 1.14 million. The incomplete total for Bulgaria was given as 937,000 tons.
EU wheat exports this season have been curbed by strong Russian competition, including in Algeria, though upcoming French shipments to China may boost volumes.
Source Link :- https://www.nasdaq.com/articles/eu-2023-24-soft-wheat-exports-down-18-by-dec-3
