SUBSCRIBER NOTE: Platts proposes launching CIF EU feed wheat, corn assessments

Platts proposes to launch a new daily spot physical assessment for EU feed wheat and EU corn, on a CIF Netherlands basis.

The daily assessments would launch on October 1, 2015 and would reflect the daily traded or tradable value of cargoes of CIF corn and CIF feed wheat, basis the Netherlands at 1630 London time. It is proposed that quality specifications would be normalized to standard requirements for corn and to meet prevailing requirements for feed grade wheat. Per Platts' methodology, the assessment would be made using transactional information collected and published daily, including transactions, bids and offers.

Platts is inviting feedback on the proposed new assessments and the specifications through August 28, 2015. Please send all questions and feedback to europe_ags@platts.com. For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available to the public upon request.