France, actually Europe's largest wheat producer and exporter, will import in the coming days wheat. In the coming week, a ship of 33,500 tons of Bulgarian wheat will deliver to Dunkirk and also some loads of British wheat are expected.
It very rarely happens that France imported wheat and was Bulgarian wheat came last in the year 2010/11 as only 11.5 tonnes. UK delivery is supplied by 4,000 tons already in this week, two more deliveries with each 3,000 tons arrive in Rouen then in the coming week; These show the port registers.
These operations are carefully registered by the market. Assuming that about 30,000 tons will come from the UK in the coming weeks. The delivery from Bulgaria reported already last month as the French wheat offer prevented extremely difficult harvesting conditions in France and very cheap prices in Eastern Europe were considered.
Dealers believe that this unusual imports are not directly intended for local consumption, rather futures of Euronext in the September contract could be fulfilled thus physically. Other voices believe that the Bulgarian wheat will be exported further in the United States, to meet early completed feed wheat delivery.
End of August a ship with feed wheat shall be charged from the ports of Dunkirk and Rouen for recipients in Wilmington on the East coast of the United States. This Treaty was signed in July.
Because the supply of durum in France is very limited after the failed harvest, France will need to import arguably this variety of wheat, to meet previously entered contract obligations. In the coming week, a ship with 18,000 tons of durum is announced from Greece in Rouen. From there, 7,000 tons were already in July. This cereal is processed directly by French factories.
