Business news from Ukraine

Business news from Ukraine

Ukraine has already exported 18 million tons of corn, wheat and barley since beginning of 2022/2023 MY

Ukraine since the beginning of 2022/2023 marketing year (July-June) and until December 2, exported 18.08 million tons of cereals, including 9.66 million tons of corn (53.4% of total supplies), 6.87 million tons of wheat (38%) and 1.48 million tons of barley (8.1%).
As reported on the website of the Ministry of Agrarian Policy and Food on Friday, the rate of grain exports since the beginning of this MY is 29.84% lower than the same period last MY (from July 1, 2020 to December 2, 2021, 25.77 million tons were delivered abroad), the lag was the lowest since the beginning of MY. For comparison, the previous maximum rate of exports was reached on November 14, when the lag from last year’s values was the lowest in the last few months at 30.6%.
According to the Ministry, from the beginning of 2022/2023 MY to December 2, 2022, Ukraine exported 6.87 million tons of wheat (2.12 times less compared to the same period last year), 1.48 million tons of barley (3.35 times less), 12 thousand tons of rye (6.9 times less). At the same time, exports of corn exceeded last year’s volume: 9.66 million tons were exported, which is 1.62 times more than on the same date of 2021/2022 MY, while export of flour amounted to 53.2 thousand tons (+2.1%).
It is specified that on the first day of December Ukraine exported 0.2 million tons of grain crops, including 97 thousand tons of wheat, 89 thousand tons of corn, 13 thousand tons of barley, 0.1 tons of rye and 1 thousand tons of flour.
As the Ministry data show, during the last reporting period November 28 – December 2, an average of 222.5 thousand tons of cereals per day were supplied to the foreign markets, whereas during the preceding period November 18-28 – 124 thousand tons per day, November 14-18 – 212.5 thousand tons per day, November 7-14 – 118.6 thousand tons per day and November 2-7 – 178 thousand tons per day. Thus, the average daily rate of exports during the reporting period of November 18-28 has increased by 1.8 times compared to the previous period of November 18-28.
As reported, Ukraine exported 48.51 million tons of grains and leguminous crops in 2021/2022 MY, which is 8.4% higher than in the previous MY, despite the full-scale invasion of Russia and the difficulties with the export of agricultural products due to the blockade of Ukrainian seaports. 18.74 million tons of wheat (12.6% more than in 2020/2021MY), 23.54 million tons of corn (+1.9%), 5.75 million tons of barley (+35.9%), 70.9 thousand tons of flour (-44.1%) were supplied to foreign markets.
In 2020/2021 MY, the country exported 44.72 million tons of cereals and legumes: 16.64 million tons of wheat, 23.08 million tons of corn, 4.23 million tons of barley, 126.9 thousand tons of flour and 18.4 thousand tons of rye.
In 2019/2020, Ukraine exported 56.72 million tons of grain and leguminous crops.

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Ukraine exported 17.2 million tons of corn, wheat and barley

Since the beginning of 2022/2023 marketing year (July-June) and until November 28, Ukraine exported 17.19 million tons of cereals, of which 9.13 million tons of corn (53.1% of total supplies), 6.64 million tons of wheat (38.6%) and 1.36 million tons of barley (7.9%).
As reported on the website of the Ministry of Agrarian Policy and Food on Monday, the rate of grain exports since the beginning of this MY is 31.9% lower than the same period last MY (from July 1, 2020 to November 28, 2021, 25.26 million tons were delivered abroad), although back on November 14 the lag was minimal for the past few months at 30.6%.
According to the Ministry, from the beginning of 2022/2023 and until November 28, 2022, Ukraine exported 6.64 million tons of wheat (2.18 times less compared to the same period a year earlier), 1.36 million tons of barley (3.64 times less), 11.5 thousand tons of rye (6.7 times less). At the same time, the rate of corn exports exceeded last year’s volume: it was 9.13 million tons, which is 1.67 times higher than in 2021/2022 MY on the same date.
In addition, for the first time since the beginning of 2022/2023 MY, flour exports exceeded the previous period – 52.5 tons of flour of all kinds had been exported by November 28, compared to 52.1 tons on the same date a year earlier.
It is specified that 3.99 million tons of cereals, including 1.64 million tons of wheat, 2.07 million tons of corn, 252 thousand tons of barley, 5 tons of rye and 14.3 tons of flour exported from Ukraine since early November.
As the Ministry data show, during the last reporting period, November 18-28, an average of 124 thousand tons of cereals per day were supplied to the foreign markets, whereas during the preceding period of November 14-18 – 212.5 thousand tons per day, November 7-14 – 118.6 thousand tons/day, November 2-7 – 178 thousand tons/day, and October 26-November 2 – 170 thousand tons/day. Thus, the average daily rate of exports during the reporting period of November 18-28 decreased by 41.6% compared to the previous period of November 14-18.
As reported, Ukraine exported 48.51 million tons of grains and leguminous crops in 2021/2022 MY, which is 8.4% higher than in the previous MY, despite the full-scale invasion of Russia and the difficulties with the export of agricultural products due to the blockade of Ukrainian seaports. 18.74 million tons of wheat (12.6% more than in 2020/2021MY), 23.54 million tons of corn (+1.9%), 5.75 million tons of barley (+35.9%), 70.9 thousand tons of flour (-44.1%) were supplied to foreign markets.
In 2020/2021 MY, the country exported 44.72 million tons of cereals and legumes: 16.64 million tons of wheat, 23.08 million tons of corn, 4.23 million tons of barley, 126.9 thousand tons of flour and 18.4 thousand tons of rye.
In 2019/2020, Ukraine exported 56.72 million tons of grain and leguminous crops.

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Ukrainian ports left four dry cargo ships with 120 thousand tons of wheat and corn

Four dry cargo ships with more than 120,000 tons of wheat and corn left Ukrainian ports on Friday, the Joint Coordination Center (JCC) reported.
“Four ships left Ukrainian ports today, they are carrying a total of 120,150 tons of grain and other food within the framework of the Black Sea Grain Initiative,” the report said.
Vessel Nestor S will deliver 62,9 thousand tons of corn to China, dry-cargo carrier Mohamad M will carry 23,5 thousand tons of corn to Italy. In addition two vessels Tzarevich (19 thousand tons of wheat) and Gannet S (14 750 tons of corn) set a course to Turkey.
In addition, there are five ships heading for Ukrainian ports, which passed through the humanitarian sea corridor on November 11.
SKC notes that 76 dry cargo vessels are awaiting permission to enter Ukrainian ports, and seven loaded vessels are preparing to be inspected in Turkish territorial waters.
“As of November 11, the total tonnage of grain and other agricultural products exported from three Ukrainian ports is 10,288,535 tons. A total of 892 ships have been allowed to move so far: 450 to arrive at Ukrainian ports and 442 to leave them,” stressed the JCC.

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4 bulkers carrying Ukrainian wheat to Turkey and Israel

Four bulkers carrying 49,000 tonnes of wheat and soybeans departed from Ukrainian ports on Tuesday after receiving approval from the Joint Coordination Centre (JCC).
“The Joint Coordination Centre (JCC) reports that four vessels left Ukrainian ports today carrying a total of 49,000 tonnes of grain and other food products under the Black Sea Grain Initiative,” the center said in a statement.
In particular, the Matrix vessel carrying 7,000 tonnes of wheat, the Hasan vessel with 6,000 tonnes of soybeans and the Esence bulker with 6,000 tonnes of wheat are bound for Turkey. The Mastro Mitros is carrying 33,000 tonnes of wheat to Israel.
“Grains that reach a destination may go through processing and be trans-shipped to other countries,” the center said.
“As of 18 October, the total tonnage of grain and other foodstuffs exported from the three Ukrainian ports is 7,860,365 metric tonnes. A total of 719 voyages (365 inbound and 354 outbound) have been enabled so far,” it said.
The United Nations, Russia, Turkey and Ukraine signed a document in Istanbul on July 22 on opening a corridor to export grain from three Ukrainian ports – Chornomorsk, Odesa and Pivdenny.

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Wheat production in world this year can break a record

FAO (Food and Agriculture Organization of the United Nations) in September raised the forecast for world wheat harvest in 2022 to 787.2 million tons, which is 1% more than was harvested in 2021, according to a summary of the organization.

“And, perhaps, (the indicator) will reach an even higher, record level. This is due to a higher than expected harvest in the European Union and the Russian Federation,” the document says.

In general, world grain production will decrease by 1.7% – to 2 billion 768 million tons, including feed grain – by 2.8%, to 1 billion 468 million tons, “due mainly to unfavorable agrotechnical conditions in the United States “explain FAO experts.

In addition, global rice production in 2022 is expected to reach 512.8 million tonnes, down 2.4% from the all-time high of 2021. The decline in the forecast compared to September is due to a prolonged summer drought, high temperatures in China and flooding in Pakistan, the document says.

As expected, grain consumption in the 2022/2023 agricultural year may decrease by 0.5% – to 2 billion 788 million tons, mainly due to a decrease in feed consumption.

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Ukraine exported 7.51 million tons of corn, wheat and barley

From the beginning of the 2022/2023 marketing year (MY, began on July 1-2022) and until September 26, Ukraine exported 7.51 million tons of grain crops, of which 4.23 million tons of corn (56% of total supplies), 2.61 million tons of wheat (35%) and 635 thousand tons of barley (8%).
As reported on the website of the Ministry of Agrarian Policy and Food on Monday, the rate of grain exports since the beginning of the current MY is 1.75 times lower than the same period of the last MY (13.13 million tons were exported from July 1 to September 26, 2021).
It is specified that in general, since the beginning of September, 3.21 million grains and leguminous crops have been exported, including 1.35 million tons of wheat, 1.54 million tons of corn, 305 thousand tons of barley, 9.9 thousand tons of flour and 2 .1 thousand tons of rye.
At the same time, according to the ministry, for the period of September 21-26, 0.63 million tons of grain crops were supplied to foreign markets (an average of 126 thousand tons daily), while for the previous reporting periods of September 9-21 – an average of 132.5 thousand tons daily, August 31-September 9 – 147.8 thousand tons daily, August 26-31 – 110 thousand tons / day, and August 19-26 – 61.4 thousand tons / day. Thus, the average daily export rate for the last 5 days decreased by 5% compared to the previous period of September 9-21.
In terms of crops for the period September 21-26, 313 thousand tons of wheat, 280 thousand tons of corn, 37 thousand tons of barley, 1.5 thousand tons of flour and 0.2 thousand tons of rye were sent abroad.
According to the agency, in general, from the beginning of 2022/2023 MY and until September 26, 2022, Ukraine exported 2.61 million tons of wheat (3.04 times less compared to the same date in 2021/2022 MY), 635 thousand tons of barley ( 5.64 times less), 2.6 thousand tons of rye (11 times less) and 22 thousand tons of flour (35.5% less). At the same time, the pace of corn exports exceeded last year’s volumes – 4.23 million tons were exported, which is 3.03 times higher than in 2021/2022 MY.
As reported, in the 2021/2022 marketing year, Ukraine exported 48.51 million tons of grains and legumes, which is 8.4% higher than the previous marketing year, despite the full-scale invasion of the Russian Federation and difficulties with the export of agricultural products due to the blockade of Ukrainian seaports. 18.74 million tons of wheat were delivered to foreign markets (12.6% more than in 2020/2021MY), 23.54 million tons of corn (+1.9%), 5.75 million tons of barley (+35.9%) , 70.9 thousand tons of flour (-44.1%).
In 2020/2021 MY, the country exported 44.72 million tons of grain and leguminous crops: 16.64 million tons of wheat, 23.08 million tons of corn, 4.23 million tons of barley, 126.9 thousand tons of flour and 18.4 thousand . tons of rye.
In 2019/2020 MY, Ukraine exported 56.72 million tons of grain and leguminous crops.

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