Ukraine. Grain Memorandum signed

On August 17, the Economy Ministry and grain market participants signed an appendix to the Memorandum limiting 2020/21 exports of wheat to 17.5 MMT and those of rye to 1 KMT. These volumes may be revised in Q4 depending on the final production results to be published by the State Statistics Service.

As a reminder, UkrAgroConsult estimates this season’s wheat exports at 16.9 MMT.

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