Milling Wheat The wheat market in the Black Sea remained quiet this week. Bulgaria has a remaining surplus of about 300,000 MT and is now the only origin in Southeast Europe where it is possible to buy some volume. The average quality of the Bulgarian wheat this year is 12.5 percent protein and 160 W. It currently is offered at about $310 FOB, which makes it the cheapest origin to Mediterranean destinations after U.S. SRW.The EU this week allocated 476,000 MT of wheat export licenses, bringing the total to 14.2 MMT (excluding durum and flour) versus 9.82 MMT allocated at the same time last year. At the current pace, total exports from the EU will probably exceed 18 MMT (including durum and flour) at the end of June, which will leave...