Wheat Export From The UK In January Was The Lowest In The Past 18 Months

Wheat export from the UK decreased in January to 91,100 tons, which was the lowest level for the past 18 months, HGCA reported.

Wheat export from the UK has been very intensive since the start of the season including export to random customers such as Algeria. Wheat held strong competitiveness due to the national currency decline and the high quality of grain. Another reaso  for the good performance is the decline in wheat export from France during the season.

Between July 2016 and January 2017, 1.161 mln tons of wheat were exported from the country, which is 11% more than the same period of the previous season. The Netherlands with 280,400 tons, Spain with 175,200 tons, Portugal with 133,100 tons and Algeria with 206,600 tons were the biggest buyers.

Wheat import reached 992,000 tons (-4%) in the same period with deliveries from Canada (208,600 tons), Denmark (183,200 tons), Germany (150,100 tons), the USA (106,600 tons) and Russia (11,100 tons).

166,500 tons of corn were imported in the UK in January, which is 12% less than January 2016. Romania with 40,100 tons, Russia with 35,500 tons and Ukraine with 31,700 tons were the biggest suppliers. Only 11,900 tons were imported from France, which is traditionally the biggest supplier.

1.057 mln tons of corn (-9%) were imported into the UK in the first seven months of the season. France was the import leader with 265,000 tons followed by Romania with 202,200 tons, Argentina with 109,500 tons while Russia ranks eighth with 40,700 tons delivered.