COMMODITY BRIEFS

COMMODITY BRIEFS

BANS ON UK BEEF LIFTED;

NEW RULES ENFORCEDBRUSSELS, Belgium - U.K. Agriculture Minister John Gummer Thursday said all EC bans on the import of U.K. beef have been lifted.

''We have got rid of all the bans on British beef," Mr. Gummer told journalists following 24 hours of intense negotiations with his EC counterparts.

The lifting of the ban was effective at midnight Thursday.

The new health regulations governing the beef trade are effective across the community, "which means that all British beef is circulating freely," Mr. Gummer added.

The new measures to govern the beef trade are the "maximum possible" given present knowledge of bovine spongiform encephalopathy, or mad cow disease, he said.

IWC HIKES ESTIMATE

OF SOVIET GRAIN OUTPUT

LONDON - The International Wheat Council tentatively forecast 1990-91 (July-June) total Soviet grain output at 215 million tons, up from an estimated 211 million metric in 1989-90.

The council provisionally expects 1990-91 Soviet grain imports to fall slightly to 35 million tons, from an estimated 38.5 million tons of grain imports in 1989-90.

The council also revised its forecast for 1990-91 world wheat production to 565 million tons, up 8 million tons from its previous prediction, and up 30 million tons from its unrevised estimate for 1989-90 output.

The council now sees 1990-91 world trade in wheat at 98 million tons, up 3 million tons from its May 2 prediction, and up from a revised estimate of 96 million tons for 1989-90.

World stocks in wheat at June 30, 1991 are now seen at 106 million tons, up 3 million tons from the previous forecast, and up 7 million from a revised estimate for end-season stocks for 1989-90, the IWC said.