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«AgroInvest» — News — Resolution on abolishment of corn export quotas comes into force

Resolution on abolishment of corn export quotas comes into force

2011-05-05 17:38:01

Since May 5, Ukraine abolished corn export quotas that had to be in effect till June 30.

The Cabinet took a relevant decision on April 27.

As UKRINFORM reported, the export quota of 2 million tons was set on October 4, 2010. On December 6 last year, the term of the quota operation was prolonged till March 31 and the allowed volume was increased to 3 million tons. On March 30, the government took a decision about prolongation of grain export quotas till July 1 and increased corn quotas by another 2 million tons.

According to the Agrarian Policy and Food Ministry, this year, areas under corn increased to 3.1 million ha, all grain group - to 15.5 million ha.

UKRINFORM