Agriculture Ministry in Ukraine is ready to limit exports of grains in case agreed quota with traders is not respected, to defend the local grains market. Sharp devaluation in the local currency almost 30% against the USD during last 10 days may spark exports.

After Russia imposed export tax on wheat, everything slowed down related to export. Obviously main state goal is to keep local situation under control as much is possible and not to risk by allowing excessive export due to low ruble.

Information arrives about meeting between Ukraine's agriculture ministry and grain traders to be held on next week. Main topis is exports of grains bz major traders - exporters and influence on local markets due to export limits imposed by Russia. After Russia, Ukraine is large exporter and