LONDON: UK wheat exports have, reportedly, made a buoyant start to 2016-17, more than doubling year on year, but there are doubts as to whether shipments will remain so strong, given the weaker harvest.
Customs data due to be published next week show UK exports of a little over 200,000 tonnes for July, the first month of the new season, sources told Agrimoney.com. That would represent a marked increase on the 78,033 tonnes shipped in July last year, and would indeed represent the best start to a season since 2010-11.
UK wheat shipments for July were boosted by a 66,000-tonne cargo of feed wheat sold by Glencore to Vietnam – said to be a record for this route and, indeed, more than shipped on it than in the previous 20 years combined.
