# European Commission implements import duties | 2020-04-30  | World Grain

> The European Commission reinstated import duties on maize, sorghum and rye, set at €5.27 per tonne, after they had been zero since March 2018. The duty is triggered automatically by a gap between the EU reference price and the US maize price at Rotterdam, which fell to €149.84 per tonne from €162.24 a year earlier. Lower oil prices have cut US ethanol demand and freight costs, and a record global maize harvest is expected in 2020-21.

- Date: 2020-04-30 · published 2020-04-30T12:00:00.000Z
- Category: policy · region EU · magnitude medium
- Page: https://feedsoft.ai/events/53717-european-commission-implements-import-duties-2020-04-30-world-grain
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Duties on imports reduce EU demand for sorghum and maize from world suppliers, adding pressure to already weak prices. The effect is modest at €5.27 per tonne but adds to bearish global feedgrain supply.

## Read by commodity

- CORN: bearish ▼
- SORGHUM: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-05-07 | [European Commission updates import duties \| 2020-05-07  \| World Grain](https://feedsoft.ai/events/53205-european-commission-updates-import-duties-2020-05-07-world-grain.md) | +0.2% | +1.4% |
| 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 | 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 | 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 | 2017-08-20 | [Adjustments to import duty for maize, sorghum and rye \| AGENCE EUROPE](https://feedsoft.ai/events/69513-adjustments-to-import-duty-for-maize-sorghum-and-rye-agence-europe.md) | -3.4% | -1.0% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/13627-european-commission-implements-import-duties

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