Ukraine wheat export limit for 2024/25 agreed at 16.2 mln t — AgMin
Acting Minister of Agrarian Policy and Food of Ukraine Taras Vysotskyi and grain market participants signed an annex to the Memorandum of Understanding for 2024/25 MY and determined the maximum export volume of wheat at 16.2 mln t.
The Annex to the Memorandum was signed by the American Chamber of Commerce in Ukraine, the Ukrainian Grain Association, the European Business Association, the All-Ukrainian Agrarian Forum, and the Association of Farmers and Private Landowners of Ukraine.
The parties agreed to further monitor the volume of grain exports on a monthly basis and, if necessary, to revise the export ceiling in January 2025.
In May, the Ministry of Agrarian Policy and Food of Ukraine offered wheat producers and processors to consider returning to the practice of signing a joint memorandum between the Ministry and market participants on the volume of wheat exports to ensure the domestic market supply.
On July 19, acting Minister of Agrarian Policy and Food Taras Vysotskyi and grain market operators signed a Memorandum of Understanding for 2024/25.
The Memorandum was last signed on July 5, 2021. According to the document, the total volume of wheat exports of all classes in the 2021/22 season was limited to 25.3 million tons.
