Import duties for maize, sorghum and rye updated at €zero per tonne

Agro Napló2020. szeptember 3. 14:36

Following a reduced forecast of the 2020/21 maize harvest that led to an increase of US maize prices, the import duty for maize, sorghum and rye in the European Union is now set at €0 per tonne as of 27 August 2020.

The revised tariff, published on 27 August 2020 in the EU Official Journal, is calculated based on the difference between the European reference price and the world benchmark for maize (i.e. the US cif price – cost, insurance and freight included – at the port of Rotterdam), in line with the rule set in the EU regulation 642/2010.

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european union, maize, import duty, rye, sorghum, us tariff, united states,