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Ukraine's shipments of wheat, barley and maize will be the subject of export duties in July-December 2011, according to the law signed by President Viktor Yanukovich, his press service said on Friday. In May, Ukraine's parliament replaced grain export quotas with export duties. According to the new export regime export duty on wheat amounts 9 percent but no less than 17 euro per tonne.
Export duty on barley totals 14 percent and no less than 23 euro per tonne. Export duty on maize is 12 percent and no less than 20 euro. Ukraine reduced grain harvest to 39.2 million tonnes of in 2010 from 46 million in 2009. The former Soviet state exported 21.5 million tonnes in the 2009/10 season that made Ukraine the world's major exporter of barley and a leading exporter of maize and wheat.
Ukraine consumes about 26 million tonnes of grain per season but in October the government imposed grain export quotas in a bid to prevent a rise in domestic bread prices after a fall in harvest and high global grain prices. Ukraine exported about 10.5 million tonnes of grain in the first 11 months of the 2010/11 season compared to more than 20 million in the same period a season earlier due to quotas.

Copyright Reuters, 2011

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