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Ukraine extends grain export quotas to end-March

Published 12/28/2010, 07:30 AM
Updated 12/28/2010, 07:32 AM

KIEV, Dec 28 (Reuters) - Ukraine has extended grain export quotas to include the first quarter of 2011 and increased the volume to 4.2 million tonnes from the initial 2.7 million, according to a government resolution published on Tuesday.

The resolution was adopted by the government on Dec. 6 but has not been published or enforced as yet.

Last week Ukrainian Farm Minister Mykola Prysyazhnyuk said the government was reconsidering previous plans to extend grain export quotas to the second half of the 2010/11 season.

But earlier this month, Prysyazhnyuk said the government had extended the quotas, set to expire on Dec. 31, until March 31, 2011.

Ukraine's economy ministry in December proposed that the government issue additional quotas for exports of 500,000 tonnes of wheat and 1 million of maize to end-March.

The initial grain export quotas allowed exports of 500,000 tonnes of wheat, 2 million of maize and 200,000 tonnes of barley until the year-end.

Ukraine, which exports barley, wheat and maize, is likely to harvest about 40 million tonnes of grain in clean weight in 2010, down from 46 million in 2009 due to a severe drought.

Ukraine exported 21.5 million tonnes of grain in the 2009/10 season. (Reporting by Pavel Polityuk; editing by Jane Baird.)

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