Business news from Ukraine

STARTING FROM NEW 2019/2020 MARKETING YEAR UKRAINE EXPORTS 5.6 MLN TONNES OF GRAIN

Ukraine exported 5.602 million tonnes of grain and leguminous crops from July 1, 2019, when the new 2019/2020 marketing year started, to August 15, 2019. Some 1.65 million tonnes of maize, 2.53 million tonnes of wheat, 1.42 million tonnes of barley were exported over the period, the Ukrainian Ministry of Agrarian Policy and Food said. Over the same period of the pervious marketing year, Ukraine exported 3.961 million tonnes of grain and leguminous crops.
As of August 15, 2019, farmers shipped 34,100 tonnes of flour abroad.
As reported with reference to the Ministry of Agriculture, Ukraine exported a record 50.4 million tonnes of grain, legumes and flour during the 2018/2019 marketing year, which was 23% more than in the previous MY.
The U.S. Department of Agriculture (USDA) in August reviewed upwards its forecast for grain exports by 2.65 million tonnes compared with the July forecast, to 54.04 million tonnes.

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UKRAINIAN GRAIN ASSOCIATION PREDICTS GROWTH IN GRAIN, OILSEEDS PRODUCTION IN UKRAINE TO 95.2 MLN TONNES

The Ukrainian Grain Association (UGA) in its August forecast predicts growth in grain and oilseeds production in the country in the 2019/20 agricultural year to 95.2 million tonnes (the previous forecast had 94.7 million tonnes), and exports – to 58.2 million tonnes (56.9 million tonnes).
According to the information on the association’s website, in the context of crops, changes relate to: wheat production is projected at 27.7 million tonnes (against 28.9 million tonnes in the previous forecast), exports – 21 million tonnes (20 million tonnes); barley production – 8.6 million tonnes (8.4 million tonnes), exports – 4.7 million tonnes (4.9 million tonnes); corn production – 34.5 million tonnes (32.2 million tonnes), export – 27 million tonnes (26 million tonnes).
As reported, the Ministry of Agricultural Policy and Food of Ukraine predicts an increase in the grain harvest in 2019 under favorable conditions up to 70.8 million tonnes compared with 70.1 million tonnes in 2018.
The U.S. Department of Agriculture (USDA) predicts a grain harvest in Ukraine this year at 72.6 million tonnes, exports – 51.4 million tonnes.

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UKRAINE EXPORTS 4.2 MLN TONNES OF GRAIN IN NEW AGRI YEAR

Ukraine since the beginning of the new 2019/2020 agricultural year (July-June) and as of August 6, 2019 had exported 4.189 million tonnes of grain and legumes.
According to the Ministry of Agricultural Policy and Food, farmers exported 1.59 million tonnes of corn, 1.58 million tonnes of wheat, and 1.02 million tonnes of barley.
For the same period last year, 2.606 million tonnes of grain and leguminous crops were exported.
As of the indicated date, 27,700 tonnes of flour were also exported.
As reported, with reference to the ministry, Ukraine exported a record 50.4 million tonnes of grain in the 2018/2019 agri-year, and this is 23% more than in the previous agri-year.

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UKRAINE EXPORTS 2.4 MLN TONNES OF GRAIN SINCE START OF MARKETING YEAR

Ukraine since the beginning of the new 2019/2020 marketing year (MY, July-June) and as of July 24, 2019 had exported 2.435 million tonnes of grain and leguminous crops.
According to the Ministry of Agrarian Policy and Food, farmers exported 1.41 million tonnes of corn, 526,000 tonnes of wheat, and 499,000 tonnes of barley.
Some 21,300 tonnes of flour had been also exported on that date.
As reported, with reference to the ministry, Ukraine exported a record 50.4 million tonnes of grain in the 2018/2019 marketing year, which is 23% more than in the previous MY.

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UKRAINIAN AGRICULTURAL GROUP KERNEL RAISES SALES OF GRAIN BY 2.2 TIMES

Kernel, one of the largest Ukrainian agricultural groups, in the 2019 fiscal year (FY, July-June) increased sales of grain by 2.2 times compared with the previous FY, to 10.445 million tonnes. According to the company’s website, sales of sunflower oil increased by 15% compared to the same period of the previous fiscal year, to 1.6 million tonnes.
Sales of bottled oil during this period grew by 10% compared with the previous year and amounted to 131 million liters.
In the 2019 FY, the plants of the holding processed 3.2 million tonnes of oilseeds (sunflower and soybeans), which is almost the same as last year.
Grain exports from Ukraine over the year amounted to 6.1 million tonnes (58% more). Transshipment of grain at the export terminals of the agricultural holding in Ukraine in the 2019 FY rose by 12%, to 4.6 million tonnes, in the Russian Federation decreased by 28%, to 1.4 million tonnes.

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NIKA-TERA SEA TERMINAL RAISES TRANSSHIPMENT OF GRAIN AND LEGUMINOUS CROPS BY 88%

Nika-Tera sea terminal (Mykolaiv) in the 2018/2019 marketing year (MY, July-June) handled 4.7 million tonnes of grain and leguminous crops, which is 88% more compared to the previous MY.
According to a report on Nika-Tera’s website, in the 2018/2019 MY the port grain transshipment items included corn (50%), wheat (34%), soybeans (8%), barley (5%), and peas (3%).
In addition, during this period, the terminal shipped 350,000 tonnes of soybeans, which is seven times more than the figure for the same period of the last marketing year.
Some 240 vessels with grain and leguminous crops were shipped for export.
During the period from July 2018 to June 2019, Nika-Tera handled 395 vessels, and the volume of transshipment amounted to 7.25 million tonnes of cargo.
As reported, in 2018 Nika-Tera seaport handled 335 vessels, transshipping 5.84 million tonnes of freight, which is 40% more than in 2017.
Nika-Tera is a modern highly mechanized marine terminal, part of Group DF’s port business.

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