EU wheat exports still relatively strong

EU exporters shipped just over 500,000 tonnes of soft wheat in the week ended February 1, according to European Commission figures, meaning the total amount sold is running just 6% behind a year ago despite much reduced production and quality concerns in some producing countries.

Total soft wheat exports, based on preliminary figures fromthe Commission’s TAXUD customs surveillance system, have reached 14.668 milliontonnes so far in the 2016/17 marketing year, down from 15.673mt last season and16.326mt in 2014/15.

But the pace of

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