Ukraine Sets Export Cap on Wheat

Ukraine recently announced a limit on the amount of wheat that can be exported through the end of the current marketing year, according to a U.S. Department of Agriculture Foreign Agricultural Service report released April 7. The move aims to address “public concerns” about the COVID-19 pandemic and will cap wheat exports at 20.2 million metric tons, the report said. The country's wheat exports are expected to fall just below the cap at 19.6 mmt, the USDA said.