The rapid exhaustion of quotas for export of wheat, barley and maize led to a halt of the supply of grain has already been delivered in ports and on ships. Exporters did not have time to obtain a customs Declaration and can now disrupt existing contracts. “Support of Russia” asks the USDA to allow the export of ready to ship grain for another 15 days.About the “unfortunate situation” prevailing quota on the export of grain from Russia, “OPORA Rossii” told the head of the Ministry Dmitry Patrushev. A copy of the letter is “b”. The quota for export of 7 million tons of wheat, corn, barley and rye was set from April 1 to June 30. She was selected completely on Sunday, after which the customs stopped the production of declarations for export outside the EEC. At the same time, writes “Support of Russia”, to 24 April, the quota was chosen only by 3.95 million tons, and for April 26, was zero.Capacity of Russian ports grain exports do not exceed 1.5 million tons per week, the letter said. Thus the choice of a quota 3.05 million tonnes in less than three days is possible due to the incomplete customs Declaration of goods, but any form of prior Declaration is prohibited, specifies “Support of Russia”.Meanwhile, the letter said, had previously predicted that the quota could end up in the second half of may, which was confirmed by the rate of sampling until April 24. Today many exporters chartered vessels, contracts were signed with foreign buyers, the goods are in the ports or in warehouses near the ports, writes “Support of Russia”. “The company did not expect and could not imagine such a rapid exhaustion of quota. Now they have a significant risk billions of dollars of losses”,— warn in the organization.”Support of Russia” asks Dmitry Patrushev “in the shortest possible time” to provide up to 15 days for export of grain is already shipped or in transit, or waiting in port.In parallel, the “Support of Russia” prepared an appeal to the first Deputy head of the Federal customs service (FCS) Ruslan Davydov with a request to inspect and to cancel an incomplete customs Declaration. A copy of this letter also have “b”. The Ministry of agriculture and the FCS operational comments did not provide.The CEO of the Institute for agricultural market Dmitry Rylko explains that the rules of the incomplete customs Declaration presupposes the existence of goods in the warehouse. In this case, it is suspected that these conditions were not adhered to all the electors of the quota, he said. Mr. Rylko know at least three ships with grain, which, due to the exhaustion of the quotas cannot leave Russian ports.If any court shall not leave the port in time, the cargo owner will have to pay demurrage (penalty), that for vessels of the Panamax class can cost several��only tens of thousands of dollars a day, he says. In addition, you will have to pay a large payment to the buyer of the grain, he says. Under the terms of GAFTA (the international trade Association grain) compensation consists of the difference in the price of the failed contract and the current price on the market and more buyer’s damages if he can prove them, says Mr. Sizov.Anatoly Kostyriv
Grain stuck in the ports Part of exporters can’t send shipped product
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