You're reading: Business Recorder: Ukraine’s grain traders ready to halt milling wheat exports

Ukraine's grain traders are ready to halt milling wheat exports on an informal basis, as they approach a critical limit, in order to protect the domestic market after a poor harvest, the agriculture ministry said on Friday. 

Exports of milling wheat have reached 5.2 million tonnes so far this season, said the ministry, which had previously agreed to allow traders to ship abroad no more than 5.5 million tonnes. 

Agriculture minister Mykola Prysyazhnyuk held a meeting with traders on Friday at which they expressed their readiness to curtail milling wheat exports, he ministry said in a statement. “We are ready to stop (milling wheat exports),” the ministry cited Volodymyr Klymenko, head of the Ukrainian Grain Association UZA, as saying. 

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