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8 September 2011
Ukraine plans to export 24 million tonnes of grain

KYIV. Sept 8 (Interfax) - The Ukrainian Agrarian Policy and Food Ministry will work on larger grain exports to meet the targets of the current marketing year (July 2011 - June 2012) at 24 million tonnes, Minister Mykola Prysyazhnyuk told a Thursday press conference in Kyiv.

"We were concerned about exports rates of July and August. The exports are growing in September. Hopefully, we will export the 24 million tonnes of grain we have planned," he said.

In his words, the export duties lobbied by the Finance Ministry not only slowed down Ukrainian grain exports but also enabled Russia to win over traditional markets of Ukraine.

"It is our goal to export 24 million tonnes of grain," he said, adding that the ministry would insist on the impermissibility of further limitations on grain exports.

Ukraine exported about 12 million tonnes of grain in the year 2010-2011, while the harvest reached 39.3 million tonnes. Administrative limits on grain exports were imposed in late August 2010, and quotas were introduced in October under the pretext of food security. The latter were lifted in June 2011.

Meanwhile, Ukraine imposed duties on wheat exports for the period from July 1, 2011, through January 1, 2012 (9% but no less than EUR17 per ton). There are also duties on the exports of corn (12% but no less than EUR20 per ton) and barley (14% but no less than EUR23 per ton). As a result grain exports in July-August reached from 1.8 million to 2.1 million tonnes.

The Agricultural Policy and Food Ministry proposed the cancellation of duties not long ago, but the government rejected the proposal.

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