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The Ukrainian agricultural to cancel wheat exports quotas
The Ukrainian agricultural associations have asked the cabinet to cancelthe wheat export quotas earlier imposed until the end of the current

marketing year (MY, July 2006/ June 2007).

"We signed an address to the cabinet to cancel wheat exports quotas," President of the Ukrainian Agrarian Association Leonid Kozachenko said in Kyiv on Tuesday.

He said that the Ukrainian Grain Association, the All-Ukrainian Association of Bakeries, the All-Ukrainian Union of Agriculture Companies, the Association of Farmers and Private Landowners and the Ukrainian Agrarian Confederation singed the address to Vice-Premier Viktor Slauta.

Kozachenko said that in the light of significant stocks of wheat and a good outlook for the new harvest of wheat, exports restrictions could provoke a fall in the price of wheat.

President of the Ukrainian Grain Association Volodymyr Klymenko said that domestic stocks of wheat are around 4.5 million tonnes.

He said that if wheat exports quotas are canceled, wheat supplies to foreign markets could be 1 million tonnes.

President of the All-Ukrainian Association of Bakeries Volodymyr Slabovsky said that bakeries have enough wheat in stock to last until the new harvest, and restrictions on wheat exports could provoke a fall in the price of wheat and a cut of area sowed with wheat this fall.

The agriculture associations of Ukraine said that they hope that the cabinet will take a decision to cancel wheat exports quotas in the near future.
MGR Archive 15.4.2007
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Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
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