EU Grain Exports Start New MY With A Bang

Just a fortnight into the new 2009/10 marketing year EU export licences have been issued for 781,000 MT of grain so far, more than 50% ahead of the same period a year ago.

Of that total export licences have been granted for 531,000 MT of soft wheat, almost triple the amount of a year ago.

Wheat imports two weeks into the campaign stand roughly similar to last season at 672,000 MT.