The EU has now allocated  22.7 MMT of wheat export licenses versus 15.1 MMT a year ago, and its wheat balance will be dangerously tight at the end of the campaign if the final total approaches 26 or 27 MMT. Milling Wheat The Black Sea market remained mostly unchanged last week without any major trades reported. Shipments from Russian and Ukrainian ports continue without significant disruption from the political tensions. Weather conditions are generally favorable in Eastern Europe for the winter wheat development and spring wheat plantings.Algeria purchased 300,000 MT of French wheat last week at around $317/MT. Tunisia bought 50,000 MT of optional origin wheat for about the same price as Algeria paid. The Tunisian sale price was con...

TAGS – Feed Grains, Soy & Oilseeds, Wheat, Farm Inputs, Europe