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Corn Sales Resumed

Ukraine has resumed exports of maize to Iran, which has been hit by international sanctions, with a shipment of 30,000 tons made March 13, analysts and traders said on Thursday.

A vessel bound for Iran had been loaded in the port of Yuzhny near the Black Sea port of Odessa, a trader said.

The previous shipments of maize to Iran were made in November 2012, when Ukraine, one of the world's top maize exporters, sent a total of 124,000 tons of the commodity, Mykola Vernytsky from ProAgro consultancy told Reuters.

"The suspension of shipments was likely to be caused by international sanctions, as other countries in the region were continuing maize purchases without any pauses," Vernytsky said.

(Reuters)


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