# French wheat exports falter as Algeria shuns its top supplier 24.01.2022 - UkrAgroConsult

> Algeria has excluded French offers in its past three milling wheat import tenders, amid a diplomatic row with France. Algeria typically buys around 6 million tonnes a year and has accounted for 40-50% of French non-EU wheat exports. French wheat stocks at season end were forecast at a 17-year high.

- Date: 2022-01-24 · published 2022-01-24T12:00:00.000Z
- Category: trade · region EU · magnitude medium
- Page: https://feedsoft.ai/events/43081-french-wheat-exports-falter-as-algeria-shuns-its-top-supplier-24-01-2022
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Losing a major buyer leaves France with large unsold stocks, which pressures EU wheat export prices and encourages rival suppliers to compete for Algerian business. The effect is bearish for wheat export values.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-07-12 | [Hard red winter wheat: Towards bread shortages in 2023? 12.07.2022 - UkrAgroConsult](https://feedsoft.ai/events/40530-hard-red-winter-wheat-towards-bread-shortages-in-2023-12-07-2022-ukragroconsult.md) | +7.2% | +7.0% |
| WHEAT | 2025-01-27 | [French wheat exports slump on poor crop, Algeria spat and Russian rivalry](https://feedsoft.ai/events/26443-french-wheat-exports-slump-on-poor-crop-algeria-spat-and-russian-rivalry.md) | +4.0% | +5.2% |
| WHEAT | 2021-05-06 | [Russian wheat exports were record high during six months - UkrAgroConsult](https://feedsoft.ai/events/46951-russian-wheat-exports-were-record-high-during-six-months-ukragroconsult.md) | +4.6% | -1.5% |
| WHEAT | 2022-08-29 | [World wheat prices are rising, although Russian wheat is becoming cheaper 29.08.2022 - UkrAgroConsult](https://feedsoft.ai/events/40082-world-wheat-prices-are-rising-although-russian-wheat-is-becoming-cheaper-29-08.md) | +0.5% | +4.4% |
| WHEAT | 2021-08-18 | [Russia: Grain Export and Import in January-June 2021 18.08.2021 - UkrAgroConsult](https://feedsoft.ai/events/45404-russia-grain-export-and-import-in-january-june-2021-18-08-2021-ukragroconsult.md) | +0.6% | +4.3% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/french-wheat-exports-falter-as-algeria-shuns-its-top-supplier/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
