Kernel Group receives Ukraine’s largest grain export quota

Ukraine’s Economy Ministry issued grain export licenses on Friday for the entire grain quota authorized by the Cabinet of Ministers for export, 1.48 mln mt, a week ahead of the application deadline, Kommersant reported this morning. As a result of the early distribution, the export leaders of recent years did not get a quota, including Cargill, Toepfer International, Noble Group, Louis Dreyfus and Soufflet Group. Kommersant said that Kernel (WSE: KER PW) received the largest quota (20.9% of the total wheat quota, 27.9% of the barley quota and 20.5% of the corn quota).