Business news from Ukraine

Business news from Ukraine

Ukraine has exported 3.41 million tons of grain crops since beginning of 2022/2023 MY

26 August , 2022  

Since the beginning of the 2022/2023 marketing year (MY, July-June), Ukraine has exported 3.41 million tons of grain crops, including 2.18 million tons of corn (64% of total supplies), 937 thousand tons of wheat (27.5% ) and 274 thousand tons of barley (8%).
As reported on the website of the Ministry of Agrarian Policy and Food on Friday, since the beginning of the current MY, the rate of grain exports has been 2.06 times lower than the same period last year (7.0 million tons were exported from July 1 to August 26, 2021).
At the same time, according to the agency, for the period of August 19-26, 430 thousand tons of grain crops were delivered to foreign markets (61.4 thousand tons daily), while for the previous period of August 11-19 – 770 thousand tons (96 .2 thousand tons daily), for August 5-11 – 340 thousand tons of grain crops (48.6 thousand tons daily), and for July 27-August 5 – 640 thousand tons of grain crops (71.1 thousand tons). tons per day). Thus, the average daily export rates over the past week decreased by 36.1% compared to the previous period.
In general, from the beginning of 2022/2023 MY and until August 26, 2022, Ukraine exported 937 thousand tons of wheat (3.6 times less compared to the same date in 2021/2022 MY), 274 thousand tons of barley (8.7 times less) and 10.1 thousand tons of flour (half as much).
However, the pace of corn exports exceeded last year’s volumes – 2.18 million tons were exported, which is 1.8 times more than in 2021/2022 MY. In addition, this week Ukraine for the first time since the beginning of 2022/2023 MY exported rye, 400 tons of this crop were sent to foreign markets. In total for the week of August 19-26, 240 thousand tons of corn, 154 thousand tons of wheat, 17 thousand tons of barley and 2.7 thousand tons of flour were delivered to foreign markets.
As reported, in MY 2021/2022, Ukraine exported 48.51 million tons of grains and legumes, which is 8.4% higher than in 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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