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Ukraine has agreed to a limit on grain exports

Photo: UZA

The Ministry of Agrarian Policy and grain market participants signed an annex to the grain export memorandum.

Peak export volumes of wheat and mixed wheat and rye were agreed at a level of 16.2 million tonnes in 2024/2025 MY. The Ministry of Agrarian Policy and grain market participants signed an annex to the grain export memorandum. The Ministry of Agrarian Policy reported this on August 3.

According to acting Minister of Agrarian Policy and Food of Ukraine Taras Vysotsky, the purpose of signing the memorandum and its annex is “to ensure food security, a predictable, predictable, flexible and stable grain export regime and the sustainable functioning of the grain market in Ukraine.”

“The parties agreed to further monthly monitoring of grain export volumes and, if necessary, adjustment of the maximum export volume in January 2025,” the statement said.

We remind you that Ukraine has increased the volume of grain exports compared to last year and now, on average, 7 million tons are exported monthly.

It was also reported that the export of food products from Ukraine in the first half of 2024 reached UAH 12.4 billion.

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Source: korrespondent

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