The European Union exported 481,000 tonnes of soft wheat in the week to November 22, taking the total so far in the 2016/17 season that started on July 1 to 9.4 million tonnes, official data showed on Thursday. The cumulative volume so far in 2016/17 was 9 percent above the year-earlier level.
EU wheat exports in the first months of the July-June season have been boosted by brisk volumes from countries like Romania, Britain and Poland, but full-year exports are forecast to drop sharply compared with 2015/16 following a poor harvest in France, usually the EU's top wheat exporter.
In maize, the EU exported 191,000 tonnes in the latest reporting week. This took the volume so far this season to 1.1 million tonnes, up 32 percent from the year-earlier level. The 28-country bloc also imported 200,000 tonnes of maize in the past week, bringing the total so far this season to 3.3 million, down 19 percent versus the year-earlier period.
In barley, the EU exported in the latest week 67,000 tonnes, including both feed and malting barley. This took the total so far this season to 2.8 million, down 55 percent from a year ago, the data showed. The cumulative season's volume comprised 1.7 million tonnes of feed barley and 1.1 million tonnes of malting barley, the type used in making beer and whisky ingredient malt.
The EU changed earlier this month its reporting system for grain exports and imports, which are now based on actual export shipments declared to customs services and no longer on licences requested. The new reporting system includes malting barley, which had not been covered by the license scheme since the 2007/08 season.
Comments
Comments are closed for this article.