# European Commission updates import duties | 2020-05-07  | World Grain

> The European Commission raised the automatic import duty on maize, sorghum and rye from €5.27 to €10.40 per tonne. The increase follows low maize prices and abundant world supply, with the US cif Rotterdam price at €146.63 per tonne.

- Date: 2020-05-07 · published 2020-05-07T12:00:00.000Z
- Category: policy · region EU · magnitude medium
- Page: https://feedsoft.ai/events/53205-european-commission-updates-import-duties-2020-05-07-world-grain
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

A higher duty makes US and other third-country maize and sorghum less competitive in the EU, which weighs on US export demand and prices for these feed grains.

## Read by commodity

- CORN: bearish ▼
- SORGHUM: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-04-30 | [European Commission implements import duties \| 2020-04-30  \| World Grain](https://feedsoft.ai/events/53717-european-commission-implements-import-duties-2020-04-30-world-grain.md) | +1.9% | +2.3% |
| CORN | 2017-09-01 | [E.U. doubles import duty for corn, sorghum, rye \| World-grain.com \| September 01, 2017 13:29 \| World Grain](https://feedsoft.ai/events/69016-e-u-doubles-import-duty-for-corn-sorghum-rye-world-grain-com-september-01-2017.md) | -0.4% | +0.8% |
| CORN | 2017-08-31 | [Import duties for maize, sorghum and rye updated \| AGENCE EUROPE](https://feedsoft.ai/events/69511-import-duties-for-maize-sorghum-and-rye-updated-agence-europe.md) | +3.9% | +4.5% |
| CORN | 2021-02-11 | [Argentina decides not to increase grain export taxes \| 2021-02-11  \| World Grain](https://feedsoft.ai/events/48460-argentina-decides-not-to-increase-grain-export-taxes-2021-02-11-world-grain.md) | -0.6% | +3.0% |
| CORN | 2020-01-07 | [China won't hike grain import quotas for U.S. trade deal: Caixin](https://feedsoft.ai/events/54941-china-won-t-hike-grain-import-quotas-for-u-s-trade-deal-caixin.md) | +0.9% | -1.1% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/13661-european-commission-updates-import-duties

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.