Ukraine may lift wheat export restriction

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Published: March 15, 2013

KIEV, Ukraine (Reuters) — Ukraine will decide next month whether to lift restrictions on wheat exports that were imposed after a poor harvest last year, agriculture minister Mykola Prysyazhnyuk said.

The ministry has capped exports at 6.3 million tonnes in the current season, which runs to June 2013.

“We could discuss the issue around April 10,” Prysyazhnyuk told reporters when asked about the government’s plans to review the restrictions.

He said the ministry’s decision will depend on the condition of the winter wheat crop, which accounts for more than 95 percent of Ukraine’s total wheat output.

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