January 6, 2006

EU grants 55,409 tonnes grain in Spanish transfer tender
 

The EU's grain management committee granted 55,409 tonnes of grain Thursday in a tender to transfer cereal to Spain, data from the EU showed.

RESULTS:                   TONNES    PRICE (EUR/TONNE)

Hungarian Soft Wheat    44,313            69.67

French Soft Wheat          5,200             97.12

German Barley               n/a                 n/a

Slovakian Corn            Rejected            n/a

Hungarian Corn             5,896             80.50

German Rye                Rejected            n/a

The tender was set up to move certain intervention stores to Spain, which was severely hit by drought this season.

Also Thursday, the EU granted reduced-levy import corn licenses from third countries for the Iberian Peninsula. A total 37,000 tonnes of corn was granted to Spain, with 325 tonnes for Portugal.