All Gafta Circulars and Notices are provided to Members purely for the purposes of information. We have not taken any steps to verify the accuracy of the information provided and, accordingly, Members must obtain their own independent professional advice as to its content and effect. We cannot accept any liability, howsoever arising, for any loss or damage which may be caused by any reliance on any information contained in a Gafta Circular or Notice.

18 Dec 2020

GN-2020-414 EU import duties - What are current calculations for EU import duties on cereals?

The EU published the latest factors they take into account to calculate the EU import duties on cereals which are published weekly on the last working day. Please see the latest publication attached. All futures prices (CME Minneapolis) are price... more

17 Dec 2020

GN-2020-412 Ukraine adopts law reducing VAT from 20% to 14%

The Law on Amendments to the Tax Code of Ukraine on the VAT Rate on Transactions for the Supply of Certain Types of Agricultural Products was adopted by the Ukrainian Parliament on 17 December 2020. The law provides for the decrease of the VAT ra... more

17 Dec 2020

GC-2020-05 Strike Notice

We have been notified of the following by Centro de Exportadores de Cereales, Argentina: "Buenos Aires, 15th December 2020 Ref: Update - Strikes According with our previous letters of November 17th and December 09th, please note that since Dece... more

17 Dec 2020

GN-2020-411 Turkey extends 0% duties on wheat, durum wheat, barley and corn until end April

Following on from previous circular GN/2020/341, the Turkish government published today a notification in the Official Gazette announcing the extension of the 0% customs taxes for Wheat, Durum Wheat, Barley and Corn. This will now apply until 30th... more

17 Dec 2020

GN-2020-410 Russian resolution to apply export quotas for wheat, corn, barley and rye

See previous circular No 369/2020. The Russian Government updated the following information relating to two resolutions on their website on 14 December 2020. The Government intends to set a tariff quota of 17.5 million tons, which is stated in R... more