Feed industry representative group, the Agricultural Industries Confederation (AIC), has hailed the UK government’s announcement that from June 1, 2022, it will remove the 25% import tariff on corn imported to the UK from the US.
Despite the recent import duty suspension by the Brazilian government, soybean crushers are not keen on importing soybeans and are ready to wait until the new Brazilian harvest hits the market in February, market sources told S&P Global Platts.
