KYIV, Aug 17 - The Ministry of Economic Development, Trade and Agriculture signed an annex to the grain memorandum with grain market participants and agreed on the maximum grain export volume in the 2020/2021 marketing year (MY, July-June) at the level of 17.5 million tons of wheat and 1,000 tons of rye.

"The grain memorandum is a good example of the ability to negotiate and make balanced decisions. In our common opinion, the export of 17.5 million tons of wheat and 1,000 tons of rye for this marketing year is the benchmark that will preserve our internal food security. In addition, taking into account the coronavirus crisis, in the forecast balance, we have increased the volume of carry overs by half a million tons, to 1.7 million tons," Minister of Economic Development, Trade and Agriculture of Ukraine Ihor Petrashko is quoted as saying.