August 19, 2011

 

EU soft wheat export licenses increase

 

 

Licenses to export soft wheat in the EU rose 233,000 tonnes for the week ended August 18, according to EU data on Thursday (Aug 18).

 

According to Reuters, the total EU wheat exports, seven weeks into the 2011-12 marketing year, amount 1.51 million tonnes, down 17% from 2.4 million tonnes over the same period last year.

 

EU total grain exports increased 363,000 tonnes on the week to 2.42 million tonnes for the year compared with 2.8 million tonnes over the same period last year.

 

EU wheat imports, seven weeks into the marketing year, increased 8,000 tonnes on the week to 2.2 million tonnes compared with 269,000 tonnes over the same period last year. Total grain imports to date are 3.1 million tonnes compared with 904,000 tonnes in the previous year.

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