The EU published the latest factors they take into account to calculate the EU import duties on cereals which are published weekly on the last working day. Please see the latest publication attached.

All futures prices (CME Minneapolis) are priced in euros per mmt

Premiums for Duluth and Gulf are FOB premiums

Freight(transport) is in Euros per mt FOB to CIF

Gafta will send the next publication in due course.

If you wish to monitor the development of the variable cereal import duties and calculation factors for common wheat, maize and transport costs, the information is expected to be published twice a month, by the Commission on its website.

Disclaimer
All Gafta Circulars and Notices are provided to Members purely for the purposes of information. We have not taken any steps to verify the accuracy of the information provided and, accordingly, Members must obtain their own independent professional advice as to its content and effect. We cannot accept any liability, howsoever arising, for any loss or damage which may be caused by any reliance on any information contained in a Gafta Circular or Notice.