Business news from Ukraine

UKRAINE EXPORTS 3.9 MLN TONNES OF GRAIN SINCE JULY 1 TO AUGUST 15

Ukraine exported 3.894 million tonnes of grain from July 1, 2018, when the 2018/2019 marketing year began, to August 15, which was 5.4% down on the same date last year. In particular, about 1.67 million tonnes of wheat was shipped abroad, the Agrarian Policy and Food Ministry said.
Barley exports totaled 1.15 million tonnes, and those of maize were 1.03 million tonnes.
Ukraine also exported 20,800 tonnes of flour by August 15, 2018.
Ukraine exported 39.4 million tonnes of grain in the 2017/2018 marketing year (July through June), the ministry said.

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UKRAINE THRESHES 22 MLN TONNES OF GRAIN, YIELD IS 32.2 CENTNERS PER HA

Ukraine as of July 30 had threshed 22.4 million tonnes of early grain and leguminous crops from 7 million hectares (70% of the forecast for these crops) with the yield being 32.2 centners per ha. According to the Ministry of Agrarian Policy and Food, farmers harvested 17 million tonnes of winter wheat from 4.9 million hectares (76% of the forecast) with the yield of 34.8 centners/ha, 54,400 tonnes of spring wheat from 22,700 hectares (12%) with a yield of 23.9 centners/ha, 3 million tonnes of winter barley from 850,500 hectares (97%) with the yield being 34.9 centners per ha, 1.6 million tonnes of spring barley from 793,000 hectares (49%) with a yield of 20.8 centners/ha, and 590,500 tonnes of peas from 342,400 hectares (79%) with a yield of 17.2 centners/ha.
The country also harvested 86,000 tonnes of rye from 36,000 hectares (24%) with a yield of 22.4 centners/ha and 25,600 tonnes of oats from 14,300 hectares (7%) with a yield of 17.9 centners/ha. In addition, farmers threshed 2.4 million tonnes of winter rapeseeds from 930,000 hectares (95%) with a yield of 25.9 centners per ha and 21,000 tonnes of spring rapeseeds from 12,000 hectares (17%) with the yield standing at 17.3 centners/ha.

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LARGEST BUYERS OF UKRAINIAN GRAIN – EGYPT, CHINA, SPAIN, INDONESIA, THE NETHERLANDS

Exports of grain crops in the 2017/2018 marketing year (July 2017 through June 2018) totaled 39.4 million tonnes and amounted to $6.4 billion, according to the State Fiscal Service of Ukraine. The largest buyers of Ukrainian grain in this period were Egypt ($ 724 million, with a share of 11.4%), China ($594 million, 9.3%), Spain ($459 million, 7.2%), Indonesia ($375 million, 5.9%) and the Netherlands ($348 million, 5.5%).
In particular, Ukraine exported 17.8 million tonnes of maize worth $2.86 billion (China’s share was 16.4%, Egypt accounted for 13.6%, and the Netherlands for 12.2%). Exports of wheat totaled 17.2 million tonnes worth $2.83 billion (Indonesia with 13.3%, Egypt with 11.8%, and Bangladesh with8.7%); while exports of barley stood at 4.3 million tonnes worth $0.64 billion (Saudi Arabia with 41.2%, China with 19.3%, and Libya with 6.6%).
As noted, 99% of all grain was shipped by sea (39 million tonnes). The ports of Chornomorsk (formerly Illichivsk) accounted for 22% of all grain shipments by sea, the port of Odesa accounted for 19%, Yuzhny for 19%, and Mykolaiv for 18%. At the same time, 306,000 tonnes (0.8%) was exported by rail and almost 80,000 tonnes (0.2%) by road.
Ukraine in the 2016/2017 marketing year exported 43.8 million tonnes of grain, the Ukrainian Ministry of Agrarian Policy and Food earlier reported.

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FOOD AND GRAIN CORPORATION DOUBLES GRAIN SHIPMENT TO CHINA NATIONAL COMPLETE ENGINEERING CORPORATION

PJSC State Food and Grain Corporation of Ukraine in the 2017/2018 marketing year (MY, July-June) shipped more than one million tonnes of grain to China National Complete Engineering Corporation (CCEC), which is twofold more than for the previous MY.
According to a report on the website of the state corporation, the corporation through its main partner CCEC exports grain to Austria, France, Portugal, the Netherlands, Italy, Egypt, Algeria, Bangladesh, and Tunisia.
The government in August 2010 decided to create the State Food and Grain Corporation of Ukraine. The corporation has a chain of branches, comprised of grain storage facilities, flourmills, fodder factories and a cereals factory. The 53 subdivisions of the corporation can store a total of 3.75 million tonnes of grain, which includes the grain handling capacities of Odesa and Mykolaiv ports of some 2.5 million tonnes of grain cargo per year.

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UKRAINE EXPORTS 891,000 TONNES OF GRAIN

Ukraine since the beginning of the 2018/2019 marketing year (MY, July-June) and as of July 18 had exported 891,000 tonnes of grain.
According to the Ministry of Agrarian Policy and Food, to date the country exported about 278,000 tonnes of wheat, 269,000 tonnes of barley, and 344,000 tonnes of corn.
In addition, 1,900 tonnes of flour had been exported on that date.
As reported with reference to the ministry, according to preliminary data, Ukraine in the 2017/2018 MY (July-June) exported 39.4 million tonnes of grain.

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WORLD’S LARGEST EXPORTER OF SUNFLOWER OIL KERNEL RAISES OIL SALES BUT CUTS GRAIN SALES IN 2018

Kernel, one of the largest Ukrainian agricultural groups, in the fiscal year of 2018 (FY, July-June), reduced grain sales by 8.2% compared to the previous FY, to 4.646 million tonnes. According to the company’s website, sales of bulk sunflower oil in the 2018 FY increased by 20.1%, to 1.301 million tonnes, bottled sunflower oil decreased by 9.7%, to 118.6 million liters.
During this period, the holding processed 3.136 million tonnes of sunflower seeds, which is 6% more than in the 2017 FY.
In April-June of the 2018 FY sales of bulk oil increased by 37.3%, to 386,640 tonnes, bottled sunflower oil decreased by 16.3%, to 32.8 million liters compared to the same period last year.
Grain sales in the fourth quarter of the 2018 FY rose by 64.3% over the same period last FY, to 1.573 million tonnes.
Grain transshipment at the group’s export terminals in the 2018 FY decreased by 0.6%, to 6.06 million tonnes, in the fourth quarter it increased by 12.6%, to 1.61 million tonnes.
Kernel is the world’s largest producer and exporter of sunflower oil, the leading producer and supplier of agricultural products from the Black Sea region to the world markets.

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