The Ukrainian government and traders have agreed to limit to 1.2 million tonnes the milling wheat that will be exported between January and June 2015. More specifically, the sale of milling wheat will not exceed 900 000 tonnes in January-March and 300 000 tonnes in April-June. From the beginning of the marketing year in July to mid-January 2015, the country has exported 8.4 million tonnes of wheat, about 16 percent higher than in the same period of the previous year, including some 4.7 million tonnes of milling wheat. Wholesale prices of wheat and flour have increased markedly in the recent months and in January were at record levels in nominal terms. Despite ample supplies from the record 2014 wheat harvest, prices were supported by the sharp depreciation of the national currency.