BLOG

EU set to impose tariffs on Russian grain imports, stirring farmers’ concerns

21 May 20241 min reading

The European Union is gearing up to impose tariffs on grain imports from Russia and Belarus, a move set to reverberate across the agricultural landscape. According to Financial Times, reports suggest that a duty of 95 euros per ton on cereals from the aforementioned countries will be enforced, alongside a 50% tariff on oil seeds and derived products.

The decision comes amidst mounting pressure from farmers and member states, who argue that current restrictions, particularly under the Green Deal plan, are stifling agricultural growth. Protests have erupted in several EU nations, notably Poland, Hungary, and Slovakia, where farmers decry the impact on prices. Polish Prime Minister Donald Tusk has called for a broader ban on imports of Russian and Belarusian agricultural goods, adding to the intensity of the debate.

Articles in News Category
14 April 20252 min reading

FAO: Global response needed as avian influenza threatens poultry sector

The spread of H5N1 avian influenza is causing major poultry losses worldwide, impacting food security and driving up costs.

22 December 20201 min reading

Turkey extends zero import duty on wheat, barley and corn

Turkey extended its zero-tax rating on imported wheat, barley and corn until May 2021. In a Presi...

25 August 20232 min reading

Cargill Brazil submits binding offer for Granol's soy assets