Israel considers 50% duty on feed wheat from Black Sea countries

Israel considers 50% duty on feed wheat from Black Sea countries


At the same time, American agricultural products will receive duty-free access and state subsidies for wheat imports from the United States.

As part of a new trade agreement with the United States, Israel is working on introducing a 50% import duty on feed wheat from the Black Sea region (primarily from the Russian Federation and Ukraine), writes ASAP Agri.

According to analysts, the greatest risk of such a step is for Russia, which currently provides about 95% of Israel’s feed wheat imports.

The impact on Ukraine is estimated to be minimal due to its limited presence on the Israeli market this season. At the same time, corn and barley are unlikely to be subject to restrictions.

The agreement with the United States provides for duty-free access for American agricultural products and subsidies for wheat imports from the United States, which may redistribute flows in favor of American origin.

Although a final decision has not yet been made, the approximate start of possible changes is April 1.

As USM reported the day before, in January Ukraine exported 5 million tons of agricultural products.