EU rejects free-market wheat

The European Union rejected all bids for licences to export free-market wheat and barley with zero refunds at its weekly tender on Thursday, trade sources said, citing figures from French arable crops office ONIGC.
The EU sold 5,000 tonnes of intervention wheat for export, all from Hungary, at a minimum of 154.50 euros a tonne. Bids to export German intervention rye and barley held in Finland were rejected, they said. However, grain from intervention stores was sold onto the internal market.
The panel agreed to sell 243,344 tonnes of intervention wheat, 90,069 tonnes of barley, 70,093 tonnes of maize and 5,677 tonnes of rye onto the EU market, traders said. The intervention wheat included 1,800 tonnes from Poland for transformation into flour only.