News last update:6 Aug 2012

Ukraine increases grain export quotas

The Ukrainian Government increased quotas for grain export. According to Vice-Prime-Minister on fuel and energy complex, Andrei Kluyev the grain market in Ukraine is stable now.

He specified that quota for barley export was increased by 600,000 tonnes, for maize export, 300,000 tonnes more can be exported and wheat export quota has been increased by 228,000 tonnes.

Andrei Kluyev will meet Friday with grain traders for discussing issues on further cooperation. Although the market looks stable now, it is not inconceivable that quotas for grain export will be fully cancelled in February.

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