EU Wheat Export Licences Up 244 Pct

Licenses to export EU a further 515,000 MT of soft wheat have been granted this week, pushing the total issued to 19.3 MMT so far this marketing year. That's an increase of 244% on the 7.9 MMT of export licenses issued at the same point a year ago, according to customs data. Total exports during the 2008/09 marketing year are expected to total around 21 MMT.