EU granted export licences for 687,000 tonnes of soft wheat in last week.

In total estimation is that EU will harvest around 134 million tonnes of wheat in 2013. This is almost 10% more than last year and it is expected wheat to be of good quality.

Russia's 2013 wheat crop at between estimated at 45 and 48 million tonnes. Thats below estimates of agriculture ministry which expects 2013 wheat crop 50 million tonnes. Unfavourable weather didn't support that goal.

Russia's 2013/14 export could reach abot 15 - 20 million tonnes.