December 1999 Edition

EU Grain Product Export Licenses Off 35 Percent
From Last Year's Pace

EU grain product export license awards have slowed this year as
new buying patterns emerge. Smaller flour licenses appear to reflect a
fundamental drop in demand as some traditional importers look to expand
milling capacities (see story inside). But the slower pace of malt export
awards, which may only be temporary, can be attributed to new buying
strategies rather than a drop off in demand.

Historically, EU malt business and license acquisition is mostly
completed in October and November after the barley harvest and malt subsidies
(tied to barley) are announced. This year, however, foreign buyers have been
contracting for smaller amounts to cover only nearby needs. With high
international barley prices and relatively small malt export subsidies,
exporters have obtained only enough licenses to cover sales already on the
books. However, a pickup in licenses is expected in the second half of the
year because of lower prices and higher expected subsidies (currently $35/MT).

All Grain Summary Tables:
Foreign Countries and US Data

Adobe
Acrobat Format

Lotus
Spreadsheet Format

Foreign Countries' Policies and
Programs

The Dynamics of Flour Trade Are
Changing

U.S., China Make Historic Progress on Grain Trade
Issues

EU "Reforms" Boost Expenditures on
Grains

Situation and Outlook: Commentary and Current
Data

Wheat

Rice

Coarse
Grains

Historical Data Tables:
Selected Regions and
Countries

Adobe
Acrobat Format

Lotus
Spreadsheet Format

General Footnotes
for Grain Tables

Grain and Feed Contact
List

Data in this report is available in both Adobe Acrobat and Lotus 123
formats. You may need to Get the Adobe
Acrobat Reader.

Download the trade tables in Lotus 123 version 3 format. Please note
that some versions of Netscape Navigator will change the filename
extension; if this happens, you MUST rename the file to .wk3 to access
it.

Last modified: Thursday,
November 13, 2003