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Ukraine introduces export licenses for important agricultural commodities

FILE PHOTO: A truck unloads sunflower seeds at an Allseeds oil extraction facility in Yuzhne, Ukraine
FILE PHOTO: A truck unloads sunflower seeds at the Allseeds Multiseeds oil extraction plant in Yuzhne, Ukraine, October 9, 2018. REUTERS/Pavel Polityuk

March 6, 2022

LVIV, Ukraine (Reuters) – Ukraine has introduced export licenses for its main agricultural commodities wheat, corn and sunflower oil, Ukraine’s Interfax news agency quoted a government decision on Sunday.

The document said traders would also need licenses to export poultry and eggs, the agency said.

Ukraine is one of the world’s leading producers and exporters of grain and vegetable oils.

The world’s largest exporter of sunflower oil had also announced that it could export more than 60 million tons of grain in the July-June 2021/22 season, including 33 million tons of corn and 23 million tons of wheat.

Earlier Sunday, Ukraine suspended exports of several agricultural commodities amid Russian invasion of the country. The government suspended exports of rye, oats, millet, buckwheat, salt, sugar, meat and livestock.

The state-owned Ukrainian Railways, meanwhile, has agreed to urgently organize agricultural exports by rail after the country’s Black Sea ports were closed due to the military invasion.

Ukraine has historically exported grain, vegetable oils and other foodstuffs by ship.

Ukrainian Railways said it could deliver grain to the borders with Romania, Hungary, Slovakia and Poland, from where it can be delivered to ports and logistic centers of European countries.

The Ministry of Agriculture said Ukraine exported 43 million tons of various grains in the 2021-22 season as of Feb. 23.

Ukraine increased its grain production by 32% to 85.7 million tons in 2021.

(Reporting by Pavel Polityuk; Editing by David Goodman)

https://www.oann.com/ukraine-introduces-export-licences-for-key-agricultural-commodities/?utm_source=rss&utm_medium=rss&utm_campaign=ukraine-introduces-export-licences-for-key-agricultural-commodities Ukraine introduces export licenses for important agricultural commodities

Bobby Allyn

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