1. EU & World cereal market situation

2. Advisory Committee, Brussels, 12/12/2008 2 Euro/dollar exchange rate

3. Advisory Committee, Brussels, 12/12/2008 3 CRUDE OIL

4. Advisory Committee, Brussels, 12/12/2008 4 BALTIC DRY INDEX

5. Advisory Committee, Brussels, 12/12/2008 5 EU-27 Cereal Production

6. Advisory Committee, Brussels, 12/12/2008 6 EU 27 Balance

7. Advisory Committee, Brussels, 12/12/2008 7 EU Export Commitments

8. Advisory Committee, Brussels, 12/12/2008 8 Share of EU common wheat exports by MS /July - Oct 2008 Source: Comext (common wheat)

9. Advisory Committee, Brussels, 12/12/2008 9 Destination of EU common wheat exports /July - Oct 2008 Source: Comext (common wheat)

10. Advisory Committee, Brussels, 12/12/2008 10 Destination of EU durum wheat exports /July - Oct 2008 Source: Comext (durum wheat)

11. Advisory Committee, Brussels, 12/12/2008 11 EU Import Commitments

12. Advisory Committee, Brussels, 12/12/2008 12 Origin of EU common wheat imports/ July - Oct 2008 Source: Comext (common wheat)

13. Advisory Committee, Brussels, 12/12/2008 13 Origin of EU wheat imports by MS /July -Sept 2008

14. Advisory Committee, Brussels, 12/12/2008 14 Intervention situation 5.848 T. 9.605 T. 9.169 T. 400 T. Quantities under offer "Cereals" EU-27 : 97.831 T. 72.809 T. Marketing year: 2008/2009 Week No.: 23 at: 7/12/2008

15. Advisory Committee, Brussels, 12/12/2008 15 Intervention situation

16. Advisory Committee, Brussels, 12/12/2008 16 IGC– November Report Wheat Production

17. Advisory Committee, Brussels, 12/12/2008 17 IGC– November Report Wheat use

18. Advisory Committee, Brussels, 12/12/2008 18 IGC–November Report

19. Advisory Committee, Brussels, 12/12/2008 19 Wheat export prices since 1/1/2007

20. Advisory Committee, Brussels, 12/12/2008 20 EU Wheat prices since 1/1/2007

21. Advisory Committee, Brussels, 12/12/2008 21  Egypt: GASC official: bought 240,000 t wheat, incl. 120,000 t from Russia, at $163 fob, and 120,000 t from the EU (France), at $171 fob, for Jan shipment;  Syria put out a new tender to buy 200,000 tonnes soft wheat of any origin. Bidding deadline in the new tender is Dec 17.  Morocco put out a new tender to buy 300,000 tonnes soft wheat of any origin. Bidding deadline in the new tender is Dec 17  Pakistan put a new tender to buy 500,000 tonnes of any origin (Dec 20). Common Wheat purchases

22. Advisory Committee, Brussels, 12/12/2008 22 IGC–November Report Maize Production

23. Advisory Committee, Brussels, 12/12/2008 23 IGC– November Report Maize use

24. Advisory Committee, Brussels, 12/12/2008 24 IGC–November Report

25. Advisory Committee, Brussels, 12/12/2008 25 Maize export prices since 1/1/2007

26. Advisory Committee, Brussels, 12/12/2008 26 EU maize prices since 1/1/2007

27. Advisory Committee, Brussels, 12/12/2008 27 IGC–November Report

28. Advisory Committee, Brussels, 12/12/2008 28 Durum Wheat EU Prices

29. Advisory Committee, Brussels, 12/12/2008 29  Tunisia: 25 000 t durum in a tender for December/ $ 175 a tonne c&f. Durum Wheat purchases

30. Advisory Committee, Brussels, 12/12/2008 30 Agrometeo conditions for EU sowing 2009  Favorable conditions in Germany  Poor weather conditions in UK  Rain needed in some parts (RO, BG, HU, ES and GR)

31. Advisory Committee, Brussels, 12/12/2008 31 Preliminary forecasts for wheat sowing 2009  In USA : 5 %  In EU : 1.5%  In Russia : 5 %  in Ukraine : 6%

32. Advisory Committee, Brussels, 12/12/2008 32 Thank you for your attention