Business news from Ukraine

Ukraine has exported more than 12 million tons of grain since beginning of marketing year 2022/2023

26 October , 2022  

From the beginning of the 2022/2023 marketing year (MY, July-June) and until October 26, Ukraine exported 12.19 million tons of grain crops, of which 6.48 million tons of corn (53.1% of total supplies), 4.62 million tons of wheat (37.9%) and 1.04 million tons of barley (8.5%).
As reported on the website of the Ministry of Agrarian Policy and Food on Wednesday, the rate of grain exports since the beginning of the current MY is 33% lower than the same period of the last MY (from July 1 to October 26, 2021, 18.19 million tons were delivered abroad).
According to the agency, from the beginning of 2022/2023 MY to October 26, 2022, Ukraine exported 4.62 million tons of wheat (2.53 times less compared to the same period a year earlier), 1.04 million tons of barley (4. 04 times less), 6.2 thousand tons of rye (8.8 times less) and 34.3 thousand tons of flour (19.7% less). At the same time, the pace of corn exports exceeded last year’s volumes – 6.48 million tons were exported, which is 3.24 times higher than in 2021/2022 MY on the same date.
It is specified that in general, since the beginning of October, 3.49 million tons of grain crops have been exported (+0.66 million tons for the period October 21-26), including 1.58 million tons of wheat (+0.26 million tons), 1 .63 million tons of corn (+0.31 million tons), 267 thousand tons of barley (+91 thousand tons), 9.7 thousand tons of flour (+2.2 thousand tons) and 1.9 thousand tons rye (no change).
As follows from the data of the ministry, for the five days of October 21-26, an average of 132 thousand tons of grain per day was supplied to foreign markets, while for the previous period of October 1-21 – 141.5 thousand tons / day, for 26- September 30 – a record 267.5 thousand tons / day since the beginning of the war, 126 thousand tons / day for September 21-26, and 132.5 thousand tons / day for September 9-21. Thus, the average daily export rates for the reporting period October 21-26 decreased by 6.7% compared to the previous period October 1-21.
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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