UK wheat exports slow in January despite Nigeria sale

Published 11/03/2020, 18:00
Updated 11/03/2020, 18:09
© Reuters.  UK wheat exports slow in January despite Nigeria sale

LONDON, March 11 (Reuters) - British wheat exports fell in

January but are still running well ahead of last season's pace,

customs data showed on Wednesday.

Wheat exports for the month totalled 50,281 tonnes, down

from the previous month's 96,111 tonnes.

Spain was the most important destination in January, taking

20,549 tonnes, followed by Nigeria's 13,313 tonnes.

The sale to Nigeria was the first in the 2019/20 season

which began on July 1, 2019. There were no sales to the West

African country in the 2018/19 season.

Cumulative wheat exports for the 2019/20 season were 891,694

tonnes, up from 213,287 tonnes in the same period a year

earlier.

Wheat exports are expected to increase this season, with

production rising nearly 20% to a four-year high of 16.22

million tonnes. Britain's January wheat imports totalled 64,754 tonnes, down

from the previous month's 116,065 tonnes.

Cumulative wheat imports for the season total 616,561

tonnes, down sharply from 1.3 million tonnes in the same period

a year earlier.

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