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01.26.2022
Algeria has halted imports of French wheat, leaving France with a large surplus and challenges to its dominance in its top export market. Algeria has excluded French offers from the past three milling wheat import tenders, traders said. Large sales to China and current shipments to Morocco have partially offset the shortfall in Algeria.
Traders also see the possibility for more sales to Egypt, which booked a first cargo of French wheat this season in late December. There is hope of resumed exports to Algeria as diplomatic tensions ease. But traders said France will stay face an ongoing challenge in its traditional export areas.
world-grain
Algeria has halted imports of French wheat, leaving France with a large surplus and challenges to its dominance in its top export market. Algeria has excluded French offers from the past three milling wheat import tenders, traders said. Large sales to China and current shipments to Morocco have partially offset the shortfall in Algeria.
Traders also see the possibility for more sales to Egypt, which booked a first cargo of French wheat this season in late December. There is hope of resumed exports to Algeria as diplomatic tensions ease. But traders said France will stay face an ongoing challenge in its traditional export areas.
world-grain