Business news from Ukraine

GRAIN STOCKS IN UKRAINE AS OF EARLY DEC 2018 ALMOST 26% MORE THAN AS OF EARLY DEC LAST YEAR

29 December , 2018  

Grain and leguminous crop stocks in Ukraine as of December 1, 2018 grew by 25.8% year-over-year, reaching 34.068 million tonnes, according to the UkrAgroConsult analytical agency with the reference to the State Statistics Service.
According to a report on the website of the agency, the indicators grew thanks to a rise of 59.3% in corn stocks, as the corn harvest hit a record, being 22.655 million tonnes. Stocks of other crops showed a decline. The largest decline was recorded for rye – 37%, to 124,700 tonnes.
As reported, referring to the Agricultural Policy and Food Ministry of Ukraine, grain harvest in Ukraine in 2018 was around 70.1 million tonnes compared with 62 million tonnes last year.
Ukraine exported 39.9 million tonnes of grain in the 2017/2018 agricultural year. Grain exports in the 2018/2019 agri-year are projected to be 47.2 million tonnes.