CEPM Corn Market n°163

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EUROPE: dry conditions in the EU
The MARS report published by the European Commission early this week underlines the current dry conditions in the South of Europe and Central Europe. While the maize sowings are about to begin (or are already beginning), these conditions will be closely monitored. Imports continue with and additional 320 kt registered at the start of the week of 18 March, for a total sicne 1st July at 17.5 Mt (+41% compared to last year). Spain is for now the top importer with 5.76 Mt.