April 27, 2007

EU weekly grain export tender: No bids for free-market wheat

The European Union received no bids to export soft wheat from the free-market in Thursday's (Apr 26) weekly tender, official data showed.

There were also no bids to export free-market barley or oats.

The EU has not accepted any free-market bids to export grain since early in the marketing year, which began July 1.

Due to this season's tight domestic supplies, EU wheat is priced above world values.