Brussels Spouts
22/10/10 -- Brussels spouted forth soft wheat export licences for 621,000 MT this past week, bringing the total for the marketing year so far to 7.7 MMT, more than 50% up on where we were last year.
The USDA have the EU-27 down to export 21 MMT in the whole 2010/11 marketing year, at this rate we'll have done that by March.
We either need to slow up or dig very substantially into our projected ending stocks, currently estimated at just under 11 MMT.
The USDA have the EU-27 down to export 21 MMT in the whole 2010/11 marketing year, at this rate we'll have done that by March.
We either need to slow up or dig very substantially into our projected ending stocks, currently estimated at just under 11 MMT.
