Grains

Grains and oilseeds: EU debates tariffs for Russian imports

March 22, 2024 at 12:24 PM , Der AUDITOR
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BRUSSELS. Coceral has slashed the EU and UK production estimates for wheat and for rapeseed. Farmers will sow less corn this year in the US and Ukraine. China has tripled its imports of soybeans. Tariffs are a matter of debate for grains and oilseeds in Europe.

Heated debates over tariffs in Europe

Heated debates over import tariffs on grains and oilseeds from Russia and Belarus into the EU are underway. The EU would also like to limit duty free imports of agricultural products from Ukraine, wheat and barley are, however, not on the list. Brussel’s proposed “emergency brake” would limit import volumes to the averages recorded in 2022/2023. Russia wants to adjust the export tariffs for grains as world market prices have declined but will not abolish them since this would hit local producers.

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