Business news from Ukraine

Business news from Ukraine

UKRAINE EXPORTS 16 MLN TONNES OF GRAIN SINCE START OF 2019/2020 MARKETING YEAR

21 October , 2019  

Ukraine since the beginning of the new 2019/2020 marketing year (MY, July-June) and as of October 18, 2019 had exported 16.106 million tonnes of grain and legumes, which is 40.8% more than on the same date of the previous MY.
According to the Ministry of Agrarian Policy and Food, to date, Ukraine exported 10.06 million tonnes of wheat, 3.05 million tonnes of barley, and 2.76 million tonnes of corn.
As of October 11 this year, some 99,000 tonnes of flour had been also exported.
As reported, with reference to the ministry, in the 2018/2019 MY Ukraine exported a record 50.4 million tonnes of grain, legumes and flour, which is 23% more than in the previous MY.
The U.S. Department of Agriculture (USDA) in September raised its forecast for grain exports for the 2019/2020 MY by 400,000 tonnes compared with the August forecast, to 54.44 million tonnes.

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