February 5, 2007

 

Ukraine still unable to resume wheat exports

 

 

The Ukrainian government still sees no possibility to resume wheat exports or review other grain export quotas, although it plans to review the situation again later his month, according to economy minister Volodymyr Makukha.

 

The minister said that the domestic grain supply should be analysed, taking into account the weather and its impact on the future yield.

 

Maize and barley quotas have almost been used up. The government issued 46 licenses for the export of 390,000 tonnes of maize out of the 500,000 tonnes of the total quota, and 31 licenses for the export of 516,000 tonnes of barley out of the 600,000 tonnes of the total quota, said Makukha

 

The minister said that the restrictions were imposed in line with the domestic grain supply, and the government did not intend to artificially cut prices on the market.