Memorandum-2018 allows exporting 16MMT of wheat

10 August, 2018 at 16:08

Today, on August 10, Ukrainian Agrarian Ministry and trade community finally signed the Memorandum that allows exporting 16 MMT of total wheat, including 8MMT of food quality (1-5 classes) and 8MMT of feed quality (class 6). In September 2018 Memo correction numbers is quite possible, even is rather likely, reports UkrAgroConsult.

As mentioned earlier, for traders it is also very important to have at least 2 months predictability of the export limitations introduction. Earlier, the Ministry intended to set the size only of milling wheat exports at 8 MMT. But traders insisted to fix the total wheat exports.