British Wheat Heads to US for First Time in over 2 Years
Britain has sold a shipment of feed wheat to a buyer in the United States, marking the first significant volume in two-and-a-half years, two traders said on Monday.
Around 25,000 metric tons of British feed wheat is expected to be shipped from the port of Harwich in the coming days, coinciding with the country's return to being a net exporter after a two-season hiatus, the sources said.
"They've used U.K. wheat before, it must have calculated at some point," one of the traders said.
British wheat production rebounded this year after adverse weather curbed output for two seasons.
The last time Britain sent a significant volume of feed wheat to the United States was in March 2012, when 47,250 tonnes was shipped, customs data showed. In the 2011/12 season a total of around 243,000 metric tons was shipped.
Since then, only 2 metric tons of U.K. wheat had been shipped to there.
The bulk of the U.K.'s feed wheat sales are made to customers within the European Union, particularly Spain, the Netherlands and Portugal.
The sources said the wheat was destined for a feed compounder in Southeastern United States.
(Reporting by Sarah McFarlane, additional reporting by Julie Ingwersen, editing by William Hardy)