Moldova will extend restrictions on agricultural imports from Ukraine for another six months
On December 30, the Moldovan government ordered to extend the licensing of imports of wheat, corn and sunseed for another six months – until June 30, 2025, Newsmaker reports.
As the government clarified, this step is aimed at protecting local farmers and maintaining stability in the domestic market. The licensing was introduced in October 2023 and, according to the government, it helped prevent an oversupply of imported products at lower prices and would have reduced the cost of local products.
As of early December, Moldova has sufficient stocks of wheat, corn, and sunflower to cover domestic needs for the coming months. This includes 290 thousand tons of wheat, 662 thousand tons of corn and 249 thousand tons of sunseed.
For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.
It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.
You are welcome to get a 7-day free demo access!!!
Read also
Romania proposes joint NATO command to protect the Black Sea
Drought in India threatens sugar and biofuel production
Record sunseed harvest in Russia threatens to drive down prices in Kazakhstan
Corn drying costs in Ukraine could exceed the value of the grain at current prices
Oilseeds remain the only profitable segment of crop production in Russia
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon