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Ukraine cancelled grain export quotas
The Cabinet of Ministers of Ukraine on its meeting on April 23 cancelled the quotas for grain export.

The quotation of grain export was the temporary measure. In 2008 the Government forecasts the good yield of grain, in this connection there is no necessity in the further grain export restrictions. Prime-minister supposes opening of grain export and increase of sun oil export quota will not result to the growth of the local prices for these products.

Let us remind you that in November 2007 the Government of Ukraine allowed grain export in the volume of 1.2 mln tonnes for the period from January 1 to March 31, 2008. And since April 1, Ukraine cancelled maize export quotation and at the same time prolonged the validity term of the export quotation for wheat, barley and rye till April 30, 2008 without changing the volumes of the quotas – 200.000 tonnes, 400.000 tonnes and 3.000 tonnes correspondingly.
MGR Archive 24.4.2008
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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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