Ukraine’s Agricultural Policy and Food Ministry has revised upwards its forecast for grain harvest in 2019 from 70.8 million tonnes to 71.1 million tonnes, the ministry reported on its website. The wheat production will total 27.8 million under the ministry’s forecasts.
According to the ministry, in September the ministry and market participants will decide on acceptable balance of grain exports and will sign a memorandum of understanding over the volume of grain exports in 2019/2020 agricultural year.
“The main document of the memorandum, the so-called agreement of understanding for 2019/2020 agricultural year, will be sent to all participants of the grain market before the end of this week,” the ministry said.
As reported, Agricultural Ministry and grain market participants in August 2018 memorandum envisaged 16 million tonnes of wheat export for 2018/2019 agricultural year against 16.5 million tonnes envisaged for a previous marketing year.
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.
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.
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.
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.
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.
