Business news from Ukraine

Business news from Ukraine

Ukraine exported almost 5 mln tons of grain

As of August 12, Ukraine exported 4.962 mln tonnes of grains and pulses since the beginning of the 2024-2025 marketing year (MY, July-June), up 58.9% compared to the same period a year earlier, the press service of the Ministry of Agrarian Policy of Ukraine reported, citing data from the State Customs Service.
According to the report, in August, 1.26 million tons were exported, which is 48.6% more than last year. In terms of crops, since the beginning of the current season, Ukraine has exported 2.273 mln tonnes of wheat (1.25 mln tonnes in 2023/24 MY), 739 thsd tonnes of barley (385 thsd tonnes), 0.3 thsd tonnes of rye (0.6 thsd tonnes), and 1.932 mln tonnes of corn (1.481 mln tonnes).
The total export of Ukrainian flour since the beginning of the season as of August 12 is estimated at 6.3 thsd tonnes (in 2023/24 MY – 14.9 thsd tonnes), including 5.7 thsd tonnes of wheat (14.3 thsd tonnes).

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China intends to increase grain imports from Ukraine

China intends to increase grain imports from Ukraine and will support the smooth operation of logistics channels, assured Foreign Minister of the People’s Republic of China (PRC) Wang Yi at a meeting with Ukrainian Foreign Minister Dmytro Kuleba.
“In recent years, China has been Ukraine’s largest trading partner and largest exporter of agricultural products. The volume of bilateral trade has shown rapid growth in the first half of this year, demonstrating the space and potential for cooperation between the two countries,” the Chinese Foreign Ministry’s press service quoted him as saying.
The Chinese minister emphasized that both sides should fully realize the role of the cooperation mechanism and strengthen practical cooperation in various fields.
“China will continue to expand grain imports from Ukraine and jointly maintain uninterrupted logistics channels and international food security,” Wang Yi assured.
“Ukraine hopes to jointly implement the important consensus reached by the two heads of state, strengthen political mutual trust, intensify cooperation in various fields such as economy, trade and agriculture, and strengthen exchanges between local sister cities,” the Ukrainian Foreign Minister said.
Kuleba assured that Ukraine highly appreciates China’s positive and constructive role in ensuring peace and maintaining international order. Ukraine also attaches great importance to China’s opinion on the political settlement of the Ukrainian crisis.
Ukraine is willing and ready to engage in dialogue and negotiations with Russia. Of course, the negotiations should be reasonable and substantive, aimed at achieving a just and lasting peace,” the Ukrainian minister summarized.

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“Agrotrade” exported over 390 thsd tonnes of grain

In the 2023-2024 marketing year (MY), Agrotrade exported more than 390 thsd tonnes of grain, up 10% compared to the previous season, the company’s press service reported on its Facebook page.
According to the report, 51.7% of all exports were the company’s own agricultural products, 48.3% were from third-party producers. The main buyers of grain were the EU, North Africa and the Middle East.
“Summarizing the results of the last season, I would like to note that the opening of the Ukrainian grain corridor and its rhythmic operation made our work much easier. It has added predictability, so we can now plan deliveries for a longer period. This allowed us to export more grain than we had forecast. In the new season, we expect that the company’s trade structure will partially return to the pre-war format – sales on EXW and CPT bases will reappear, and forward contracts will increase, as the market situation stabilizes and competition intensifies,” said Andriy But, Director of Foreign Trade Department of Agrotrade Group.
Among the company’s products, corn, wheat, soybeans, and rapeseed were in the highest demand among buyers. In total, in the 2023/24 season, Agrotrade exported grain to 14 countries.
The Agrotrade Group is a vertically integrated holding company with a full agro-industrial cycle (production, processing, storage and trade of agricultural products). It cultivates over 70 thousand hectares of land in Chernihiv, Sumy, Poltava and Kharkiv regions. Its main crops are sunflower, corn, winter wheat, soybeans and rapeseed. It has its own network of elevators with a simultaneous storage capacity of 570 thousand tons.
The group also produces hybrid seeds of corn and sunflower, barley, and winter wheat. In 2014, a seed plant with a capacity of 20 thousand tons of seeds per year was built on the basis of Kolos seed farm (Kharkiv region). In 2018, Agrotrade launched its own brand Agroseeds on the market.
Vsevolod Kozhemiako is the founder and CEO of Agrotrade.

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“Ukrzaliznytsia” transported 35.1 mln tons of grain cargo

In the marketing year 2023-2024 (MY, June-July), Ukrzaliznytsia JSC (UZ) transported 35.122 million tons of grain cargo, the best figure in the last four years, said Valery Tkachev, Deputy Director of Transportation Technology and Commercial Work Department of UZ, at a meeting with agricultural market participants on Thursday.
According to him, in June, 3.48 million tons of grain were transported by rail in all directions, a third more than in the same month of 2023.
In the first six months of this year, UZ transported 21.85 million tons of grain, which is 30% more than in the same period last year.
At the same time, 2.558 million tons of grain were transported in export traffic in June, and 18.731 million tons in six months, which is 43% more than a year earlier.
Export volumes of oil and oilcake and meals also increased. Thus, in January-June 2014, 954 thousand tons of vegetable oil were transported by rail, which is 30% more than last year. During the same period, the transportation of oilcake and meal increased by 19% to 1.41 million tons, Tkachev summarized.

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Harvesting continues in 16 regions, 721.4 thousand tons of grain harvested

Agrarians in sixteen regions of Ukraine have started harvesting early grains and legumes and have threshed 721.4 thousand tons of grain from 209.8 thousand hectares, the press service of the Ministry of Agrarian Policy and Food reported on Friday.

According to the press service, 36.2 thousand tons of wheat were harvested from 36.2 thousand hectares with a yield of 31.2 c/ha, 545.7 thousand tons of barley from 145.8 thousand hectares with a yield of 37.4 c/ha, 56.3 thousand tons of peas from 25.9 thousand hectares with a yield of 21.7 c/ha.

In addition, seven regions have started harvesting rapeseed. They harvested 63.6 thou tons of rapeseed from 31.7 thou hectares.

At the same time, agrarians in Odesa region are leading in terms of threshing grain harvested from 85.7 thou hectares. Agrarians in Ternopil region are the leaders in terms of yield – 78.1 c/ha.

Ukraine exported 50.3 mln tonnes of grains since beginning of 2023-2024 MY

As of June 26, Ukraine exported 50.305 mln tonnes of grains and pulses since the beginning of 2023-2024 marketing year (July-June), of which 3.373 mln tonnes were shipped in June, the Ministry of Agrarian Policy and Food reported, citing the data of the State Customs Service.

According to the report, since the beginning of the current season, Ukraine has exported 18.268 million tons of wheat (831 thousand tons in June), 2.475 million tons of barley (89 thousand tons), 1.6 thousand tons of rye, and 29.02 million tons of corn (2.44 million tons).

Total exports of Ukrainian flour are estimated at 97.3 thousand tons (4.8 thousand tons in June), including 91.9 thousand tons of wheat (4.7 thousand tons in June).

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