Business news from Ukraine

Business news from Ukraine

Ukraine exports 3,96 mln tonnes of grain since early 2022/2023 marketing year

31 August , 2022  

Since the beginning of the 2022/2023 marketing year (MY, July-June), Ukraine has exported 3.96 million tonnes of grain crops, including 2.49 million tonnes of corn (63% of total supplies), 1.14 million tonnes of wheat (29%) and 310,000 tonnes of barley (12%).
As reported on the website of the Ministry of Agrarian Policy and Food on Wednesday, since the beginning of the current marketing year, the rate of grain exports has been 2.17 times lower than in the same period last year (in July 1-August 31, 2021, some 8.6 million tonnes were exported).
At the same time, according to the ministry, for the period of August 26-31, some 550,000 tonnes of grain crops were supplied to foreign markets (110,000 tonnes daily), while for the previous period, August 19-26, – 430,000 tonnes of grain crops (61,400 tonnes daily), on August 11-19 – 770,000 tonnes (96,200 tonnes daily), and on August 5-11 – 340,000 tonnes of grain crops (48,600 tonnes daily). Thus, the average daily export rates for the past reporting period increased by 1.8 times compared to the previous period.
In general, from the beginning of MY 2022/2023 to August 31, 2022, Ukraine exported 1.14 million tonnes of wheat (four times less compared to the same date in MY 2021/2022), 310,000 tonnes of barley (8.9 times less) , 500 tonnes of rye (25 times less) and 11,900 tonnes of flour (two times less).
In total, 310,000 tonnes of corn, 202,000 tonnes of wheat, 36,000 tonnes of barley, 100 tonnes of rye and 1,800 tonnes of flour were delivered to foreign markets for the period of August 26-31.

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