# E.U. lowers maize, sorghum and rye import duties | World-grain.com | October 10, 2017 13:51 | World Grain

> The European Commission lowered the import duty on maize, sorghum and rye to €5.61 per tonne effective October 10, driven by a stronger US dollar. The duty is set by an automatic mechanism comparing EU reference prices with US maize prices. It follows earlier adjustments in August and September.

- Date: 2017-10-10 · published 2017-10-10T12:00:00.000Z
- Category: policy · region EU · magnitude medium
- Page: https://feedsoft.ai/events/68532-e-u-lowers-maize-sorghum-and-rye-import-duties-world-grain-com-october-10-2017
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Lower EU import duties make US and other imported maize and sorghum cheaper for European buyers, supporting import demand and export prices for these grains.

## Read by commodity

- DXY: bullish ▲
- CORN: bullish ▲
- SORGHUM: bullish ▲

## Similar past events

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| --- | --- | --- | --- | --- |
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| CORN | 2019-12-19 | [Market Perspectives – December 19, 2019 - Page 7 of 10 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/55636-market-perspectives-december-19-2019-page-7-of-10-u-s-grains-and-bioproducts.md) | +0.5% | +0.7% |
| CORN | 2020-08-31 | [Grain export 2020/21: downward trend in all grains — Latifundist.com](https://feedsoft.ai/events/51466-grain-export-2020-21-downward-trend-in-all-grains-latifundist-com.md) | +0.2% | +5.4% |
| CORN | 2025-06-28 | [Argentina reinstates higher export duties for soybeans and corn - Buenos Aires Herald](https://feedsoft.ai/events/13853-argentina-reinstates-higher-export-duties-for-soybeans-and-corn-buenos-aires.md) | -0.2% | -1.7% |
| CORN | 2023-12-19 | [Focus on Poland \| World Grain](https://feedsoft.ai/events/32758-focus-on-poland-world-grain.md) | +1.6% | -1.9% |
| DXY | 2024-11-12 | [U.S. grains: Soybeans plunge with Trump EPA pick; wheat and corn also fall - AgCanada](https://feedsoft.ai/events/12340-u-s-grains-soybeans-plunge-with-trump-epa-pick-wheat-and-corn-also-fall-agcanada.md) | +0.8% | +1.1% |
| DXY | 2022-04-06 | [Oil slumps to three-week low after Fed minutes, big IEA reserve release announcement \| Reuters](https://feedsoft.ai/events/41761-oil-slumps-to-three-week-low-after-fed-minutes-big-iea-reserve-release.md) | +0.6% | +3.4% |
| DXY | 2020-10-29 | [Brexit Progress Supports Pound Sterling against Euro and Dollar in a Stormy Market](https://feedsoft.ai/events/50877-brexit-progress-supports-pound-sterling-against-euro-and-dollar-in-a-stormy.md) | -0.5% | -2.2% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/8769-e-u-lowers-maize-sorghum-and-rye-import-duties

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