Hungary grains association says Ukraine import ban will hit local firms

Kitco Media
By Reuters
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Updated:
Reuters
BUDAPEST, April 21 (Reuters) - The Hungarian Grain and Feed Association said on Friday it opposed the government's ban on grain and oilseed imports from neighbouring Ukraine, adding that the restrictions will hit feed makers and industrial users in Hungary. "We disagree with the import ban on Ukrainian grains and oilseeds, especially in a season when our exposure to maize imports in very high," it said in a statement. "This measure will cause significant difficulties to Hungarian feed makers and industrial users, which will affect livestock farmers and consumers." (Reporting by Gergely Szakacs and Boldizsar Gyori)

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