From the beginning of the 2022/2023 marketing year (MY, began on July 1-2022) and until September 26, Ukraine exported 7.51 million tons of grain crops, of which 4.23 million tons of corn (56% of total supplies), 2.61 million tons of wheat (35%) and 635 thousand tons of barley (8%).
As reported on the website of the Ministry of Agrarian Policy and Food on Monday, the rate of grain exports since the beginning of the current MY is 1.75 times lower than the same period of the last MY (13.13 million tons were exported from July 1 to September 26, 2021).
It is specified that in general, since the beginning of September, 3.21 million grains and leguminous crops have been exported, including 1.35 million tons of wheat, 1.54 million tons of corn, 305 thousand tons of barley, 9.9 thousand tons of flour and 2 .1 thousand tons of rye.
At the same time, according to the ministry, for the period of September 21-26, 0.63 million tons of grain crops were supplied to foreign markets (an average of 126 thousand tons daily), while for the previous reporting periods of September 9-21 – an average of 132.5 thousand tons daily, August 31-September 9 – 147.8 thousand tons daily, August 26-31 – 110 thousand tons / day, and August 19-26 – 61.4 thousand tons / day. Thus, the average daily export rate for the last 5 days decreased by 5% compared to the previous period of September 9-21.
In terms of crops for the period September 21-26, 313 thousand tons of wheat, 280 thousand tons of corn, 37 thousand tons of barley, 1.5 thousand tons of flour and 0.2 thousand tons of rye were sent abroad.
According to the agency, in general, from the beginning of 2022/2023 MY and until September 26, 2022, Ukraine exported 2.61 million tons of wheat (3.04 times less compared to the same date in 2021/2022 MY), 635 thousand tons of barley ( 5.64 times less), 2.6 thousand tons of rye (11 times less) and 22 thousand tons of flour (35.5% less). At the same time, the pace of corn exports exceeded last year’s volumes – 4.23 million tons were exported, which is 3.03 times higher than in 2021/2022 MY.
As reported, in the 2021/2022 marketing year, Ukraine exported 48.51 million tons of grains and legumes, which is 8.4% higher than the previous marketing year, despite the full-scale invasion of the Russian Federation and difficulties with the export of agricultural products due to the blockade of Ukrainian seaports. 18.74 million tons of wheat were delivered to foreign markets (12.6% more than in 2020/2021MY), 23.54 million tons of corn (+1.9%), 5.75 million tons of barley (+35.9%) , 70.9 thousand tons of flour (-44.1%).
In 2020/2021 MY, the country exported 44.72 million tons of grain and leguminous crops: 16.64 million tons of wheat, 23.08 million tons of corn, 4.23 million tons of barley, 126.9 thousand tons of flour and 18.4 thousand . tons of rye.
In 2019/2020 MY, Ukraine exported 56.72 million tons of grain and leguminous crops.
China is interested in increasing the supply of Ukrainian soybeans, peas, barley, wheat, as well as poultry and other products, the Ministry of Economy said, following a meeting between First Deputy Prime Minister – Minister of Economy Oleksiy Liubchenko and Chinese Ambassador to Ukraine Fan Xianrong on June 10. “Today we’ve heard from our Chinese partners confirmation of interest in deepening economic cooperation, increasing exports of Ukrainian agricultural products, building infrastructure and implementing joint investment projects in transport, construction, energy, IT and other areas,” the press service of the ministry said citing Oleksiy Liubchenko.
According to the report, the meeting was also attended by Deputy Minister Volodymyr Hryniuk and Deputy Minister-Trade Representative of Ukraine Taras Kachka, as well as representatives of the leadership of the Chinese Embassy in Ukraine.
The parties also noted the importance of signing an intergovernmental agreement on deepening cooperation in the construction of infrastructure in the near future, the ministry said.
“This step will allow starting preparatory work for the launch of investment projects, including the construction of the M-22 Poltava-Oleksandriya road and the first part of the Kyiv circular road – sections M05-M06, which will cost about $ 1.1 billion,” the ministry said.
It is also important to continue work on the development of freight traffic in the direction of China-Western Europe through the territory of Ukraine, the report notes.
In addition, the Chinese side stressed the importance of the implementation of the intergovernmental initiative of Ukraine and China “One Belt-One Road.” The matter concerns preparing a roadmap for the implementation of a program of cooperation between the two countries within the framework of the joint construction of the “Silk Road Economic Belt” and “21st Century Maritime Silk Road,” the ministry added.
As of 4 April, the cost of Ukrainian barley on the terms of FOB deepwater ports of Ukraine increased to $208-218 per MT that is 27% higher than the price level for the same period last year, the Ukrainian Agribusiness Club association (UCAB) has reported. The association said on its website that such a price for domestic grain crop is a record since the end of 2014.
“The key factor in the steady increase in barley prices over the past few months was the unstable demand from Saudi Arabia, which is the key importer of this grain in the world. In 2017, Ukraine shipped 2.07 million tonnes of barley to this country, which accounted for 57% of total exports,” analyst of agricultural markets of the UCAB Ilha Kharabara said.
This year, demand from Saudi Arabia is not sustainable – tenders for the purchase are infrequent, but volumes are quite significant. At the last tender, the Saudi Grains Organization (SAGO) announced the purchase of 1 million tonnes of barley, at the previous one was purchased 0.96 million tonnes.
The tense world balance at the beginning of the marketing year supported the price increase for barley – world production fell to 142.4 million tonnes in 2017/2018, which is 3.5 million tonnes less than last year.
