Tuesday, 11 January, 2000

  • EU grain markets started the New Year very quietly, seeing thin post holiday trade.

  • Poland has been accused of blocking EU grain through its new inspection regime. The system has resulted in shipments being rejected on quality grounds, despite having passed quality tests in the country of origin.

  • French domestic wheat prices firmed following the quiet holiday period. Severe storms France received at the end of December has slowed down trade even further.

    Selling activity is expected to pick up as a result of damage to farm storage and port installations, leaving many in the trade worried about

  • Spain was awarded licences to import 246,300t of reduced-levy non-EU maize at the Mancom tender of 6 January. Spanish traders reported that they tendered bids to import 400,000t of cut-levy non-EU maize left over from the 1999 quota.

    Under the scheme the EU has committed to import up to 2 million tonnes of maize a year for Spain, and a further 500,000 tonnes for Portugal.

  • Portugals winter wheat sowing is now under way, with sufficient rain to help germination. It is estimated that 100,000-150,000ha of durum wheat, 30,000ha of soft wheat, 20,000ha of barley, and 10,000ha of rye have been planted this season.

  • There seem to have been some surprising price changes in the European market, particularly for Denmark.

    HGCA Taken from HGCA weekly MI Bulletin
    To contact the HGCA phone 020 7520 3972
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