Ukraine ready to ban wheat exports if necessary – official – ZAWYA

  • Date: 15-Apr-2020
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:Oman
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Ukraine ready to ban wheat exports if necessary – official – ZAWYA

KIEV- Ukraine, one of world's top grain exporters, is ready to ban wheat exports if sales exceed limits agreed with traders, the deputy economy minister in charge of agriculture told Reuters on Wednesday.. Ukraine's wheat harvest largely exceeds domestic consumption, but last month Ukrainian bakers and millers asked the government to limit grain exports to maintain bread prices.. Last week Russia agreed to limit grain exports to 7 million tonnes from April to June to conserve supplies for the domestic market during the coronavirus outbreak.. Kazakhstan opted to limit exports to 200,000 tonnes of wheat and 70,000 tonnes of flour in April, although it has said it could increase the quotas in the coming months.. Looking ahead, Vysotskiy said Ukraine's 2020/21 wheat exports could fall sharply to 12-15 million tonnes from around 20 million in 2019/20 following a reduction in the sowing area caused by poor weather..