Business news from Ukraine

3 bulkers to carry Ukrainian corn, wheat and vegetable oil to Europe

Three bulkers loaded with corn, wheat and vegetable oil departed from Ukrainian ports on Sunday, the Joint Coordination Centre (JCC) said.
“The Joint Coordination Centre (JCC) reports that three vessels left Ukrainian ports today [December 18], carrying a total of 54,464 tonnes of grain and other food products under the Black Sea Grain Initiative,” the JCC said.
MV Lady Ayana (25,250 tonnes of corn) and MV Barbaros Hayrettin V (5,214 tonnes of vegetable oil) are destined for Italy. MV AK Halima is transporting 11,100 tonnes of wheat and 11,900 tonnes of corn to Spain.
“Grains that reach a destination may go through processing and be trans-shipped to other countries,” the JCC said.
Five ships, which transited the maritime humanitarian corridor on Sunday, are headed to Ukrainian ports.
“As of 18 December, the total tonnage of grain and other foodstuffs exported from the three Ukrainian ports is 14,194,211 tonnes. A total of 1,128 voyages (565 inbound and 563 outbound) have been enabled so far,” the JCC said.

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U.S. Department of Agriculture significantly increased its estimate of corn exports from Ukraine

In a December report, the U.S. Department of Agriculture (USDA) increased its forecast for corn exports from Ukraine in the 2022/2023 marketing year (MY, July-June) by 2 million tons from November data to 17.5 million tons from 15.5 million tons, while its harvest forecast was reduced by 4.5 million tons, to 27 million tons from 31.5 million tons.
“Corn production in Ukraine has fallen sharply with a reduction in both the area under the crop and its yield, as the ongoing war and record fall precipitation have delayed the harvest in key producing regions: Poltava, Sumy and Cherkassy oblasts,” according to the report, which was released on the Agriculture Department’s Web site Friday.
In this case, an estimate of domestic corn consumption in Ukraine in 2022/2023 MY was reduced by 3 million tons, from 9.5 million tons to 6.5 million tons.
Also in the December report, the agency increased the forecast of food wheat exports in Ukraine in 2022/2023 MY by 1.5 million tons, to 12.5 million tons from 11 million tons, and an estimate of its yield saved at 20.5 million tons, and domestic consumption decreased by 1 million tons, to 4.5 million tons from 5.5 million tons.
In turn, the forecast of feed grain exports in Ukraine in 2022/23 MY is increased by 2 million tons, to 19.93 million tons, and its production is reduced by 4 million tons, to 34.96 million tons.
As was reported, Ukrainian agrarians harvested 68.52 million tons of the main crops from the total area of 16.75 million hectares by December 9, with 2.2 million tons harvested from 0.47 million hectares, including corn – 17.2 million tons from 2.8 million hectares (66% of cultivated area).
Since the beginning of 2022/2023 MY and until December 2, Ukraine exported 18.08 million tons of cereals, including 9.66 million tons of corn (53.4% of total supplies), 6.87 million tons of wheat (38%) and 1.48 million tons of barley (8.1%).
Since the beginning of 2022/2023 MY and until December 2, 2022, Ukraine exported 6.87 million tons of wheat (2.12 times less than the same period a year earlier), 1.48 million tons of barley (3.35 times less), 12 thousand tons of rye (6.9 times less). At the same time, the rate of corn exports was higher than last year: 9.66 million tons were exported, which is 1.62 times more than in 2021/2022 MY on the same date, while the export of flour amounted to 53.2 thousand tons (+2.1%).

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Four dry cargo ships with corn, wheat and sunflower meal left Ukraine

Four dry cargo ships carrying corn, wheat and sunflower meal left Ukrainian ports on Saturday, the Joint Coordination Center (JCC) reported.
“The four ships left Ukrainian ports on December 10, carrying a total of 143,480 tons of grain and other food under the Black Sea Grain Initiative,” the report said.
Two dry-cargo vessels Patricia V (60 965 tons of corn) and Agios Nikolaos (33 thousand tons of wheat) are bound for Belgium.
Vessel Tina S will carry 30 015 tons of corn to Portugal. Vessel Inase will deliver 19.5 thousand tons of sunflower meal to Italy.
SKC noted that “the grain received at the destination can be processed and then transported to other countries.
Five dry cargo ships, which on Saturday passed through the maritime humanitarian corridor, are also on their way to Ukrainian ports.
“As of December 10, the total tonnage of grain and other agricultural products exported from the three Ukrainian ports is 13,494,463 tons. A total of 1,079 vessels have been allowed to move so far: 540 to arrive at Ukrainian ports and 539 to leave them,” the JCC reported.

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Ships to bring Ukrainian corn to India, Turkey, Spain

Three bulkers loaded with wheat, corn and sunflower oil departed from Ukrainian ports on Tuesday, the Joint Coordination Centre (JCC) said.
“The Joint Coordination Centre (JCC) reports that three vessels left Ukrainian ports today [December 6] carrying a total of 91,050 metric tonnes of grain and other food products under the Black Sea Grain Initiative,” the JCC said.
MV Sugar will deliver 37,500 tonnes of sunflower oil to India, MV Alexandros III will transport 31,050 tonnes of corn to Spain, and MV Moayad Y loaded with 22,500 tonnes of wheat is destined for Turkey.
Six ships transited the maritime humanitarian corridor on December 6 on their way to Ukrainian ports.
“As of 6 December, the total tonnage of grain and other foodstuffs exported from the three Ukrainian ports is 13,136,453 metric tonnes. A total of 1,057 voyages (529 inbound and 528 outbound) have been enabled so far,” the JCC said.

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Three ships with corn and sunflower seeds will deliver cargo to China, Bulgaria and Italy

Three dry cargo ships carrying corn and sunflower seeds left Ukrainian ports on Friday, the Joint Coordination Center (JCC) reported.
“Three ships left Ukrainian ports on December 2, carrying a total of 106,500 tons of grain and other agricultural products under the Black Sea Grain Initiative,” the report said.
Vessel Aspasia Luck is transporting 63 thousand tons of corn to China, Sea Inspiration is delivering 26.5 thousand tons of corn to Italy. Lady Perla dry-cargo carrier will carry 17 thousand tons of sunflower seeds to Bulgaria.
Three vessels, which passed through the sea humanitarian corridor on December 2, are also on their way to Ukrainian ports.
“As of December 2, the total tonnage of grain and other agricultural products exported from the three Ukrainian ports is 12,713,836 tons. A total of 1,031 vessels have been allowed to move so far: 515 to arrive at Ukrainian ports and 516 to leave them,” the report said.

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Ukrainian farmers have already harvested corn from 60% of area

Ukrainian agrarians harvested 66.32 million tons of major crops from the total area of 16.28 million hectares by December 2, with 2.5 million tons of corn from 0.4 million hectares, including 15.5 million tons of corn from 2.5 million hectares (60% of cultivated areas) in the period November 25 – December 2.
According to the website of the Ministry of Agrarian Policy and Food on Friday, the total area of agricultural land, from which the crops were harvested, increased by 3 percentage points (p.p.) – up to 85% of the previously planned areas.
In terms of crops harvesting of wheat, barley, peas and rapeseed was completed. During the week the volumes of harvested buckwheat remained unchanged (98%), but increased by 1 percentage point for soybeans – to 98%, sunflower – to 97%, millet – to 96%, by 4 percentage points for sugar beet – to 97%, by 7 percentage points for corn – to 60%.
According to Minagropolitiki, the final yield of wheat in the current season amounted to 19.4 million tons from 4.7 million hectares, barley – 5.6 million tons from 1.6 million hectares, rape – 3.2 million tons from 1.1 million hectares, pea – 261 tons from 111 thousand hectares.
In addition, December 2, a total of 15.5 million tons of corn was harvested (+2 million tons per week) from 2.5 million hectares (+0.3 million ha), 9.9 million tons of sunflower (+0.1 million tons) from 4.6 million hectares (+0.1 million ha), 8.6 million tons of sugar beets (+0.4 million tons) from 174 thousand hectares (+8 thousand ha). ha (+8 thousand ha), 3.6 million tons of soybeans from 1.5 million ha (no change), 157 thousand tons of buckwheat (+1 thousand tons) from 115 thousand ha (no change), and 100 thousand tons of millet (2 thousand tons) from 42.9 thousand ha (+0.3 thousand ha).
According to the Ministry, the average yield of all crops in the current season was 44.4 c/ha, including corn – 61.3 c/ha, wheat – 41.2 c/ha, of barley – 35.1 kg/ha, rape – 28.9 kg/ha, soy – 24.2 kg/ha, pea – 23.4 kg/ha, millet – 23.2 kg/ha, sunflower – 21.7 kg/ha, buckwheat – 13.6 kg/ha, sugar beet – 498 kg/ha.
It is reported that farmers of Mykolayiv and Odesa regions have completed the harvesting of all crops. Most cereals and leguminous crops were threshed in Vinnitsa region – 3.7 million tons, followed by Kirovograd region (3.4 million tons) and Dnipropetrovsk region (3 million tons).
As reported, this week, First Deputy Minister of Agrarian Policy and Food of Ukraine Taras Vysotsky told Interfax-Ukraine news agency on the sidelines of the conference “EBA-2022 Infrastructure Day” that the corn harvest this year will be successfully harvested until the spring 2023.
“There are still 11-12 million tons of corn left in the fields. We will be able to harvest it, but depending on weather conditions, it may take several weeks to several months. Ukraine has experience in harvesting it in previous peaceful years. It all depends on weather factors – this crop may be on the fields until spring. Harvesting speed also depends on the weather factor, “- Vysotsky commented on the situation.
Ukraine in 2021 harvested a record crop of cereals, legumes and oilseeds at 106 million tons: cereals and legumes – 84 million, and oilseeds – 22.6 million tons.
A total of 32.4 million tons of wheat, 40 million tons of corn, 10 million tons of barley, 581.5 thousand tons of peas, 191 thousand tons of millet and 110 tons of buckwheat were harvested last year. Sunflower harvest amounted to 16.3 million tons, soybeans – 3.4 million tons and rapeseed – 2.9 million tons.

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