Wheat stocks in Spain's leading grain port Tarragona have fallen to about 74,000 tonnes from 190,000 in mid-April, a port source said, but shipments from the Black Sea were expected by the end of the month. The source said cargoes of 25,000 and 26,000 tonnes of wheat from Bulgaria or Romania were confirmed, in addition to another 25,000 tonnes from Ukraine.
Traffic has been slow in Tarragona since the EU awarded permits to import some 595,000 tonnes of wheat last month under the tariff-rate quota (TRQ) scheme for the second quarter. "There is talk of another 125,000 to 150,000 tonnes by the end of June to use up the permits, but that has yet to be confirmed," the source said.