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AFRICA

French grain traders Soufflet, Lecureur and Céréalis race to fill gap in market left by Russian and Ukrainian wheat

The halt in Russian and Ukrainian wheat exports has opened a window of opportunity for French grain producers in North and West Africa, who in recent weeks have been able to act as substitute suppliers at short notice. But competition will be heated in the next season, as traders who source supplies in Argentina, Italy and Romania are also lying in wait. [...] (905 words)
Issue dated 04/04/2022 Reading time 4 minutes
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Commodity traders

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Further reading
The logo of the Office algérien interprofessionnel des céréales (OAIC) on a silo in the port of Algiers. © Zohra Bensemra/Reuters
Inner circles
ALGERIA 15/04/2022

How OAIC cereals board provides daily bread to Algerians despite Ukraine war and scandals 

Algeria's national cereals board, the OAIC, is the focus of major government spending and a key political tool for its bilateral relationship with France. The organisation is tasked with ensuring Algeria is supplied with wheat, despite the current high prices and the sometimes competing demands of millers, bakers and consumers. [...]
AFRICA 21/03/2022

PhosAgro, Uralchem, Eurochem: how Russian fertiliser giants cope with sanctions  Free

In light of Western measures against their shareholders, the fertiliser producers PhosAgro, Uralchem and Eurochem will drastically cut their exports to Africa, a market they had turned to with relative success after the loss of their Ukrainian clients in 2014. [...]
Russian President Vladimir Putin (back right) and his Zimbabwean counterpart Emmerson Mnangagwa (back left) with Dmitry Mazepin (front right) of Uralchem, and Perence Shiri (front left), Zimbabwean minister of agriculture, 15 January 2019, Moscow.
Russian President Vladimir Putin (back right) and his Zimbabwean counterpart Emmerson Mnangagwa (back left) with Dmitry Mazepin (front right) of Uralchem, and Perence Shiri (front left), Zimbabwean minister of agriculture, 15 January 2019, Moscow. © Michael Klimentyev/Sputnik/EPA/Newscom/MaxPPP
NORTH AFRICA 16/02/2022

Potential Ukrainian wheat supply blockage for Algiers and Cairo 

The Moscow-Kyiv crisis is leading to a drastic reduction in the volume of grain shipped from Black Sea ports. Fearing a Russian offensive, shipping companies are now refusing to make new commitments to traders. This situation particularly affects Algiers, which has been relying on supplies from this region to compensate for its halt in French purchases, but it is also of consequence to Egypt. [...]
Barley grain is mechanically poured into a 40,000 ton ship at a Ukrainian agricultural exporter's shipment terminal in the Black Sea port of Mykolaïv, in Ukraine.
Barley grain is mechanically poured into a 40,000 ton ship at a Ukrainian agricultural exporter's shipment terminal in the Black Sea port of Mykolaïv, in Ukraine. © Vincent Mundy/Files/Reuters

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