EU Wheat Exports Slow But Could Still Meet USDA’s Projection of 28.5 MMT
Bottom Line: The EU is the world’s second largest wheat exporter. In its Oct WASDE, the USDA left their projection for EU wheat exports unchanged at 28.5 MMT. Last year’s exports are estimated to have been 27.3 MMT. The EU exported a record 35.5 MMT in 2014/15. The Former Soviet Union (FSU) is projected to…