Ministry of Agriculture informs that Ukraine prohibited fertilizer exports

The Ministry of Agriculture informed that on Saturday (March 12), Ukraine, a major producer of agricultural inputs, has banned fertilizer exports due to the Russian invasion of its territory.

Ukraine had already banned exports of some agricultural commodities and introduced licenses for its primary export goods — wheat, corn, and sunflower oil.

“The cabinet of ministers is introducing a zero quota for exports of mineral fertilizers, which is in effect a ban on fertilizer exports from Ukraine,” the ministry said in a statement.

The ministry said the ban applied to nitrogen, phosphorus, potassium, and complex fertilizers helps “maintain the domestic market balance.”

Ukraine traditionally starts spring planting in late February or March. Farmers said they plan to start sowing in safe areas as soon as possible.

Ukrainian President Volodymyr Zelensky said on the 11th that the country needs to sow as much as possible this spring, despite the Russian invasion.

Ukraine, the world’s biggest exporter of sunflower oil, had predicted – before the invasion – that it would carry out shipments of more than 60 million tonnes of grain, including 33 million tonnes of corn and 23 million tonnes of wheat between July 2021 and June 2022.

Source: Money Times

To read the full original article, please go to:

https://www.moneytimes.com.br/ucrania-proibe-exportacoes-de-fertilizantes-diz-ministerio-da-agricultura/

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