Memo: European Union sets import duty above zero for maize, sorghum and rye

The European Commission announced on the 16 July 2014 that the import duty on maize, sorghum and rye is to be set at 5.32 EUR/tonne. The decision is based on the basic Regulation and comes in response to the situation on the world markets for maize and the resulting low prices. Moreover, maize, sorghum and rye are not subject to export refunds.