EU approved 77.83 thou. t import quota for Ukrainian wheat in February
The European Union (EU) approved licenses to import of 77.83 thou. t of wheat within the duty-free quota for the grain of Ukrainian origin, Refinitiv Agriculture reports.
As reported, by the end of 2022, another 852.57 thou. t of Ukrainian wheat may be supplied to the EU under the year's tariff-rate quotas (TRQ) in the amount of 1 mln t after the EU has authorized the import of 69.6 thou. t in January.
Learn more: TOP 14 Wheat Exporters From Ukraine in 10M 2021
The EU also approved imports of 1.21 thou. t of Ukrainian barley for February after 19.57 thou. t agreed for the current month. The annual quota for imports of Ukrainian barley to the EU is 329.22 thou. t of the total volume of 350 thou. t.
"As in January, imports of corn to the EU were not considered under quotas for both Ukrainian commodities and those sources from other countries," the message reads.
Previously reported that Indonesia resumed authorisation of two quality control laboratories in Ukraine.
As a reminder, wheat export from Ukraine in 2021/22 was limited to 25.3 mln t. The Memorandum of Understanding was signed by the Agrarian Ministry and grain market participants. The Government also considers milling wheat export from the country. The decision is reported to be taken in January.
Previously reported that wheat futures grew on tensions between Russia and Ukraine.