KYIV, Jan 18 (Reuters) - Ukraine's economy ministry and agricultural unions will decide on Jan. 25 whether to limit corn exports in the 2020/21 marketing season, a move called for by animal feed and meat producers, the ministry said on Monday.
Domestic livestock and poultry producers' associations last week asked the government to limit corn exports in the 2020/21 season to 22 million tonnes to avoid a shortage of animal feed.
Ukraine's corn harvest fell to around 29.3 million tonnes in 2020 from 35.9 million a year earlier and producers fear large-scale corn exports could sharply reduce grain stocks and raise corn prices.
The ministry said Ukraine needed around 7.5 million tonnes of corn to cover all local needs.
The country has exported 10.5 million tonnes of corn as of Jan. 18, the ministry's data showed.
In November, the Ukrainian pig and poultry growers associations failed to convince the government to set a maximum volume of corn available for export in the 2020/21 season due to a sharp jump in fodder costs. (Reporting by Pavel Polityuk; editing by David Evans)
© Copyright Thomson Reuters 2021. Click For Restrictions - http://about.reuters.com/fulllegal.asp
The Link LonkJanuary 18, 2021 at 11:23PM
https://ift.tt/2LNki1z
Ukraine will decide on Jan. 25 whether to limit corn exports - Successful Farming
https://ift.tt/3gguREe
Corn
No comments:
Post a Comment