Bloomberg News

Rouen Grain Shipments Plunge 89% in Year-End Holiday Slowdown

December 29, 2011

Dec. 29 (Bloomberg) -- Grain exports from the French port of Rouen, Europe’s biggest cereal-shipping hub, fell 89 percent in the week ended yesterday to the least in more than a year as activity slowed in the year-end holiday period.

Outbound shipments amounted to 17,460 metric tons from Dec. 22 to Dec. 28, against 160,573 tons in the prior week, the Seine River port said in an e-mailed report today. Cargoes, which included 15,410 tons of wheat, were the lowest since at least August 2010.

Morocco was the biggest destination with 12,495 tons of wheat, compared with 145,938 tons the previous week.

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 figures from national crops office FranceAgriMer.

Rouen grain loadings by destination, in tons:

--Editors: Dan Weeks, Sharon Lindores.

To contact the reporter on this story: Rudy Ruitenberg in Paris at rruitenberg@bloomberg.net

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net


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