Wheat export from Ukraine in 2020/21 may be limited to 17.2 mln t — traders
The Ministry for Development of Economy, Trade and Agriculture of Ukraine suggested limiting wheat export from the country to 17.2 mln t in the 2020/21 season, Refinitiv Agriculture reports with reference to grain traders.
Wheat export curb in 2019/20(July-June) was set at 20.2 mln t.
The Memorandum of Understanding between the Ministry for Development of Economy, Trade and Agriculture of Ukraine and grain market participants will be signed on July 1 to ensure the projected grain export volume in the 2020/21 season.
The Economy Ministry is estimating the grain harvest 2020 at over 68 mln t vs. the previously announced forecast of 65-68 mln t.