Poland: Will the reference price stop grain imports from Ukraine?

Published 2024년 2월 19일

Tridge summary

The Polish Association of Grain Producers (PZPRZ) has proposed a solution to the Ministry of Agriculture to counter the impact of low-priced Ukrainian grain on the Polish market. The proposal includes establishing a reference price for grain imports and imposing a public levy on entities trading grain below this price. The difference would be paid to a 'Settlement Manager' and then distributed back to farmers as a subsidy. The PZPRZ also suggests introducing a high income tax on grain trade and high profits achieved by grain trading companies. The decision-makers are yet to accept or modify this proposal.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Polish Association of Grain Producers requested the Ministry of Agriculture to establish a reference price for grain imports from Ukraine. What exactly is this about? - As farmers associated with PZPRZ, we are closely observing the events currently taking place in Poland and Europe regarding the grain market. We are very concerned about the situation we all find ourselves in. There are many aspects that cause this situation, but we would like to focus on the problem of importing grain from Ukraine and its direct impact on the Polish market and propose a solution that could significantly reduce it - admits Przemysław Bochat, president of PZPRZ. Reference price in grain imports As the head of the PZPRZ notes, due to the above-mentioned inflow of grain from Ukraine, which unfortunately takes place at prices much lower than the prices applicable on the domestic market, entities purchasing grain in our country have reduced prices to levels unacceptable to the hosts. - Due to this ...

Source: Farmer.pl