International Grain, Seed and Fertiliser Merchant

Gleadell loads 25,000t milling wheat shipment to Algeria – 15 December 2016

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The biggest shipment of grain to leave East Anglia so far this season departed Great Yarmouth earlier this week.

Gleadell Agriculture loaded the MV Occitan Sky with 25,000mt of milling wheat destined for Algeria.

Gleadell trading director Jonathan Lane said: “Despite the smaller UK crop, the yield and quality disaster that hit the French wheat crop has provided opportunities for UK milling wheat to be shipped to North African destinations.

“This, combined with some reasonable feed wheat exports, means the UK will have shipped in the region of 1.1mln t by the end of December.”

Mr Lane said increased usage of wheat in UK bioethanol plants and a smaller crop had tightened the domestic balance sheet.

“However, we expect Great Yarmouth to continue to ship grain through the balance of this campaign, reinforcing Gleadell’s commitment to the region’s farmers in what has been a challenging season.”

For further information contact

Jonathan Lane, Gleadell trading director

01427 421221 | jonathan.lane@gleadell.co.uk

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