Milling Wheat Once again, the Black Sea wheat market was quiet last week. Bulgarian/Romanian wheat remained the cheapest origin for Mediterranean destinations; however, there are only a few small lots offered in the market and it is difficult to buy even one full cargo. Kazakh 13 percent and 14 percent protein wheat is even cheaper than Romanian/Bulgarian wheat, but it is available in coaster size vessels that can only reach the eastern part of the Mediterranean.The EU this week allocated 340,000 MT of wheat export licenses, bringing the total to 15.9 MMT. The EU cannot maintain its usual export pace of 500,000-600,000 MT per week. Assuming that the total surplus is around 18.5 MMT, the export pace should continue slowing down in the com...