Business news from Ukraine

Business news from Ukraine

UKRAINE EXPORTS 50.4 MLN TONNES OF GRAIN AND FLOUR

Ukraine saw a record high export of 50.4 million tonnes of grain, leguminous crops and flour in the 2018/2019 marketing year (MY, July 2018 through June 2019), which was 23% more than on the same date of the previous MY.
The Agrarian Policy and Food Ministry reported with reference to the State Fiscal Service, that maize exports totaled 29.82 million tonnes, shipments of wheat and wheat-and-rye blends abroad totaled 15.6 million tonnes, while 3.7 million tonnes of barley and 87,800 tonnes of rye were exported during the reporting period.
Some 301,280 tonnes of flour were also exported by the said date.
As reported, Ukraine in MY 2017/2018 exported 40.9 million tonnes of grain and flour.
According to the Agrarian Policy and Food Ministry, Ukraine exported 1 million tonnes of grain and leguminous crops and 10,500 tonnes of flour from July 1, when the new 2019/2020 marketing year started, to July 12, 2019.

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UKRAINE EXPORTS 50.4 MLN TONNES OF GRAIN

Ukraine saw a record high export of 50.4 million tonnes of grain and leguminous crops in the 2018/2019 marketing year (MY, July 2018 through June 2019), which was 26.3% more than on the same date of the previous MY.
The Agrarian Policy and Food Ministry reported with reference to the State Fiscal Service, that maize exports totaled 29.82 million tonnes, shipments of wheat and wheat-and-rye blends abroad totaled 15.6 million tonnes, while 3.7 million tonnes of barley and 87,800 tonnes of rye were exported during the reporting period.
Some 301,280 tonnes of flour were also exported by the said date.
As reported, Ukraine in MY 2017/2018 exported 39.9 million tonnes of grain.
According to the Agrarian Policy and Food Ministry, Ukraine exported 1 million tonnes of grain and leguminous crops from July 1, when the new 2019/2020 marketing year started, to July 12, 2019.

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UKRAINE HARVESTS 11.3 MLN TONNES OF GRAIN FROM 35% OF AREA

Ukraine as of July 8, 2019 had threshed grain and leguminous crops on an area of 3.4 million hectares (35% of the forecast), harvesting 11.3 million tonnes of grain, the Ministry of Agrarian Policy and Food has reported on its website.
According to the ministry, farmers collected 7.3 million tonnes of wheat from an area of 2.1 million hectares (32% of the forecast), 3.6 million tonnes of barley from 1.1 million hectares (43% of the forecast), 402,000 tonnes of peas from 187,000 ha (66% of the forecast).
In addition, farmers continue harvesting winter rapeseeds, having threshed 1.1 million tonnes from an area of 519,000 hectares (40% of the forecast).
According to the ministry, farmers from six regions, namely Dnipropetrovsk, Zaporizhia, Mykolaiv, Poltava, Kharkiv, and Ivano-Frankivsk, have started harvesting rye, and as of July 8 had already threshed 2,000 tonnes from 600 ha (0.5% to the forecast). Agrarians of four regions, including Dnipropetrovsk, Donetsk, Mykolaiv, and Odesa, began harvesting oats, having threshed 1,500 tonnes from 1,000 hectares (0.4% of the forecast).

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UKRAINE EXPORTS 49 MLN TONNES OF GRAIN SINCE START OF MARKETING YEAR

Ukraine since the beginning of the 2018/2019 marketing year (MY, July-June) and as of June 21, 2019 had exported 48.902 million tonnes of grain and leguminous plants, which is 26.3% more than on the same date of the previous MY.
According to the Ministry of Agrarian Policy and Food, farmers exported 29.2 million tonnes of corn, 15.5 million tonnes of wheat, and 3.5 million tonnes of barley.
They also exported 289,600 tonnes of flour on the indicated date.
As reported, with reference to the ministry, Ukraine exported 39.4 million tonnes of grain in the 2017/2018 MY.

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UKRAINIAN GRAIN PRODUCTION WILL INCREASE TO 94 MLN TONNES THIS YEAR

Grain production in Ukraine in the 2019/2020 MY (marketing year, July-June) will increase to 94 million tonnes (in the 2018/2019 MY the figure was 92 million tonnes), President of the Ukrainian Grain Association (UGA) Mykola Horbachev has said at a press conference. “We expect 94 million tonnes of grain. Any overproduction will be in demand in the foreign market. Over the next three to four years, we expect production to increase to 100 million tonnes, and exports to 70 million tonnes,” he said.
According to him, areas under grain crops in Ukraine are stable, and the volume of production depends on the climate. Western regions of Ukraine are leading in production, and this trend will continue.
The expert also stressed that in the current season the maximum monthly volume of grain transshipment was 6 million tonnes, which dispels doubts whether the country will be able to increase exports to 70 million tonnes of grain in future.

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UKRAINE COULD INCREASE GRAIN EXPORTS TO CHINA

Ukraine could increase grain exports to China in the 2019/2020 marketing year (MY, July-June), Olena Neroba, the adviser to the president of the Ukrainian Grain Association (UGA), has said at a press conference. According to her, China this year has experienced a significant reduction in the number of pigs due to ASF, and since substitution of pork with imports is quite expensive and time consuming, China is likely to compensate for the deficiency of protein in poultry. This factor and the trade war with the United States will lead to an increase in demand for barley and other grains, which Ukraine can take advantage of, Neroba said. If earlier practically the only importer of Ukrainian barley was Saudi Arabia, then the opening of a new market will allow increasing the volume of exports of this crop and raising the price.
She also noted that Ukraine this season has felt some U.S. influence on the Egyptian market, which is one of the main consumers of Ukrainian corn. According to the expert, although the absolute figures of exports to Egypt increased slightly compared to last year, however, the share of Egypt in in the structure of Ukrainian grain exports declined.

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