Wheat exports from the European Union show low rates at the start of the season

Published 2024년 7월 30일

Tridge summary

Between July 1 and July 21, 2024, EU countries exported 1.404 million tons of soft wheat, a significant drop from the 2.210 million tons exported in the same period last year. However, durum wheat exports rose to 36.9 thousand tons from 3.7 thousand tons last season. Key destinations for soft wheat were Nigeria, Egypt, Morocco, Saudi Arabia, and Angola, while Algeria and Morocco were the main importers of durum wheat. The US Department of Agriculture predicts a decline in European wheat export potential to 34.5 million tons due to a reduced harvest of 130.0 million tons, down from 134.2 million tons last season.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

From the beginning of the current season (July 1, 2024) to July 21, EU countries exported 1.404 million tons of soft wheat, reports the Grain On-Line agency, citing the European Commission. During the same period last season, 2.210 million tons of wheat were exported, in the 2022/2023 season – 2.268 million tons. Durum wheat exports in the first three weeks of the current season amounted to 36.9 thousand tons, which is much more than during the same period last season – 3.7 thousand tons. The main export destinations of European soft wheat in the current season were: Nigeria (201.1 thousand tons), Egypt (194.0 thousand tons), Morocco (158.7 thousand tons) Saudi Arabia (152.1 thousand tons) and Angola (105.1 thousand tons). Durum wheat was exported to Algeria (31.1 thousand tons), Morocco (5.0 thousand tons) and other countries. According to forecasts of the US ...

Source: Zol