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- (-) July 2016
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The EU grain harvest is now under way in most Member States.
Export prices were virtually unchanged while traders are awaiting the new tenders for 3.8 million metric tons on July 25.
Export prices declined around one percent in anticipation of large sales of government stocks in the new tenders for 3.8 million metric tons on July 25.
Slovakia took over its first ever European Union (EU) Council Presidency on July 1, 2016.
Export prices increased 2 to 5 percent due to tight domestic supplies of white rice paddy and the strengthening of the Thai baht.
The sowing of the MY2016/17 main-rice crop is progressing slowly due to limited irrigated water supplies.
In 2015, the European Commission (EC) officially introduced a seven percent cap on food based biofuels thus limiting future production of these first generation or conventional biofuels....