The European Commission today (13 June) announced that EU cereal duties will remain suspended for another year because of continuing food shortages and high prices.
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Cereal tariffs were originally lifted for six months last December. However, Brussels has extended this deadline to 30 June 2009, having concluded that global cereal markets are still sufficiently tight to justify continued free trade of cereals.
Export refunds will also be banned for EU cereals sales abroad.
The Commission has also added millet and buckwheat to the products already covered by the exemption – medium- and low-quality soft wheat, barley and maize.
Duties for durum wheat, high-quality soft wheat, rye and sorghum had been zero before the suspension.
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