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Apr 21, 2023

Hungary's animal feed industry opposes Ukraine grain ban

Grain and feed association says restrictions will cause 'significant difficulties' to feed makers.

TheHungarian Grain and Feed Associationis opposing itsgovernment’s ban on grain and oilseed importsfrom Ukraine, saying the restrictions will hit animal feed makers and industrial users in Hungary.

“We disagree with the import ban on Ukrainian grains and oilseeds, especially in a season when our exposure to maize imports is very high,” the association said in a statement obtained byReuters.

According to the association, the ban means they will lose access to the “closest and therefore most economical source of raw material” for their industry.

“This measure will cause significant difficulties to Hungarian feed makers and industrial users, which will affect livestock farmers and consumers.”

On April 15, Hungary announced it wouldban the importof 25 Ukrainian ag products, including grains such as cereals, rapeseed and sunflower seeds.

Poland was the first Ukrainian neighbor to ban its grain imports. Low-price Ukrainian grain has been flooding the EU market since the beginning of theRussian invasion into that country. Slovakia and Bulgaria soon followed suit with their own bans.

安装在欧洲的压力an Union (EU) to find a solution. On Tuesday,Poland reached an agreementon restarting transit of Ukrainian grains through its territory beginning April 21.

Related reading

Poland reaches agreement on Ukrainian grain transit

Ukraine grain import bans now in Hungary, Slovakia

Ukrainian grain prices cause Polish ag minister to resign

Feed & Grain Staff

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Marketwatch: Apr, 22

US Corn Price Idx:ZCPAUS.CM

open: 6.5627
high: 6.5627
low: 6.4393
关闭:6.4682

US Soybean Price Idx:ZSPAUS.CM

open: 14.4837
high: 14.5404
low: 14.3194
close: 14.3618

US Hard Red Winter Wheat Price Idx:KEPAUS.CM

open: 7.9604
high: 8.0002
low: 7.7867
close: 7.9257

US Soft Red Winter Wheat Price Idx:ZWPAUS.CM

open: 6.1154
high: 6.1347
low: 6.0222
close: 6.0559