November 12, 2004

 

 

EU Gives 204,000 MT Soft Wheat Export Licenses in Week to Nov 10

 

The European Commission has issued export licenses for 204,000 metric tons of soft wheat through its daily "Common Right" or standing refund export license system in the week to Nov. 10, according to official Commission figures on Thursday.

 

The total number of licenses for wheat for the 2004-05 marketing year, excluding those issued for wheat flour, now stands at 4.112 million tons.

 

The licenses were all awarded at zero value and are valid for to up to five months.

 

For durum wheat, the Commission awarded licenses for the export of 24,000 tons, bringing the total so far to 454,000 tons. 52,000 tons of export licenses were awarded for barley, with a total of 198,000 tons.

 

The Commission gave licenses for 1,000 tons of corn, bringing the total to 88,000 tons. It also issued licenses for 10,000 tons of rye, for a total of 258,000 tons of rye.

 

Since the Commission took the decision on July 31, 2003 to suspend its weekly export tender until further notice, traders can currently obtain new export licenses only by applying through the daily system.

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