16.
04.15
13:02

Strategy of grains increases soft wheat exports forecast of the EU 2014/15

Strategy of the private analyst grains has increased to 32 million tonnes to 2.1 million tonnes in 2014/15 raised its forecast of the EU soft wheat exports. The reason is the strong demand for European milling and feed wheat, mainly from Asia and North Africa, as well as the dwindling competition from Russia, where export duties from Russian wheat supplies collected from February 1.
To improve the EU wheat export prospects to 2.2 million tons to 31.2 million tonnes for the season by 2015/16. The forecast of wheat closing stock 2014/15 was reduced from strategy of grains to 2 million tons to 16.2 million tonnes.
The forecast of the EU barley exports in 2014/15 has been increased by 300,000 tonnes to 8.7 million tons. France is 2.4 million tonnes.
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