Quotas for export of wheat and maize to the European Union countries are exhausted
During the period from 1 to 5 January, quotas for the export of wheat and maize to the European Union countries for the entire 2018 were exhausted.
Such information was provided by UkrAgroConsult.
As previously reported, export quotas to the European Union countries for these crops were 1 035 thousand tons for wheat and 1 125 thousand tons for maize and to date they have been completely exhausted.
According to data as of January 5, only the 2.5% of export quota for barley was used. During this period, 15.680 tons were delivered to the European Union countries, while 615.000 tons were approved.
It should also be recalled that according to the data as of January 11, 2013, quotas for the supply of honey to the EU countries, and, in addition, grape and apple juice were also exhausted.
The exhaustion of quotas for the export of wheat and corn to the countries of the European Union has become a topical issue in the market of agricultural products. On the COM3S page you will find the latest news about this event and learn about its implications for the industry.
Export quotas for wheat and corn are a regulatory mechanism that determines the volume of products that can be exported to the countries of the European Union. The exhaustion of these quotas could affect market access and stimulate changes in agricultural trade.
Studying the consequences of quota exhaustion is important for producers, exporters and other market participants. COM3S provides information on the status of quotas and their impact on prices, export volumes and product competitiveness.
The exhaustion of wheat and corn export quotas could create new challenges and opportunities for agricultural companies. It is necessary to analyze market trends, look for alternative markets and develop strategies in order to effectively manage exports and remain competitive.