Business news from Ukraine

Ukrainian seaports administration starts forming caravans for grain export from ports

The Ukrainian Sea Ports Administration (USPA) reports on the ongoing preparation of the ports of Odessa, Chornomorsk and Yuzhny for the resumption of work in connection with the signing on July 22 in Istanbul of the Initiative for the export of grain and related food products by sea.

“Considering the above, we inform you that the event and the exit of ships to the indicated seaports will be carried out by forming a caravan, which will be accompanied by a leading ship,” the USPA posted on Facebook on Saturday.

In order to draw up plans for the formation of caravans, USPA asks to submit applications for the inclusion of ships by e-mail.

During the signing of the Initiative and immediately after it, Turkish President Recep Tayyip Erdogan and Ukrainian Infrastructure Minister Oleksandr Kubrakov said that ship traffic could resume in the coming days.

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GRAIN EXPORT FROM UKRAINE MAY REACH 57.5 MLN TONNES

The Ukrainian Grain Association (UGA) estimates the export volumes of grains (wheat, corn and barley) by Ukraine in the 2021/2022 marketing year (MY, July-June) at 57.5 million tonnes, which is 28.8% higher than the results of 2020/2021 MY, the press service of the Ukrainian Grain Association (UGA) told Interfax-Ukraine on Tuesday.
“According to our preliminary estimates, more optimistic than the ministry’s, the export of grains (wheat, corn and barley) this season may reach 57.5 million tonnes with a harvest of 74.5 million tonnes,” the press service of the UGA organization clarified, commenting on the forecast of the Ministry of Agrarian Policy, according to which in 2021/2022MY the export of these crops can reach 56 million tonnes with a harvest of 75.8 million tonnes.
The Association also provided for comparison the data of the International Grains Council (IGC), in the latest report of which the export of grain from Ukraine in the current MY is projected at 55.4 million tonnes with a harvest of 76.2 million tonnes.
The press service of the organization of grain traders clarified that the total export of grain crops together with oilseeds in 2021/2022 MY may exceed 62 million tonnes with a gross harvest of more than 100 million tonnes.
UGA also commented on the signing of a Memorandum of Understanding for 2021/2022 MY between the participants of the grain market and the Ministry of Agrarian Policy and Food on July 5. According to its press service, an annex to the memorandum, which specifies the maximum export volumes of agricultural products, will be signed after the volumes of the harvested crop become known.
“The relevant ministry and the participants of the grain market traditionally sign a Memorandum with the beginning of a new grain season. The maximum export volumes are agreed upon later, when the indicators of the harvested crop of a particular crop are already known,” the press service of UGA noted.

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UKRAINE EXPORTS 44 MLN TONNES OF GRAIN IN 2020/2021 MARKETING YEAR

Ukraine in the 2020/2021 marketing year (MY, July-June) exported 44.63 million tonnes of grain and leguminous crops, which is 21.3% less than in the 2019/2020 MY.
This was reported on the website of the Ministry of Agrarian Policy and Food, while the given data are marked as preliminary.
According to the ministry, the export of wheat by Ukraine in 2020/2021 MY decreased by 18.9% compared to 2019/2020 MY, to 16.44 million tonnes, corn – by 23.9%, to 23.06 million tonnes, barley – by 17.1%, to 4.21 million tonnes, flour exports decreased 2.6 times, to 126,000 tonnes.
According to the Ministry of Agrarian Policy, Ukraine exported 56.72 million tonnes of grain and legumes in the 2019/2020 MY.
As reported, the Ministry of Economy in February of this year predicted a decline in exports of grains and legumes in the 2020/2021 MY by 20.5% compared to the previous MY, to 45.4 million tonnes.

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UKRAINE SINCE BEGINNING OF MARKETING YEAR EXPORTS 44 MLN TONNES OF GRAIN

Ukraine since the beginning of the 2020/2021 marketing year (July-June) and as of June 25, 2021 exported 43.94 million tonnes of grain and leguminous crops, which is 21.8% less than on the same date of the previous year.
According to the information and analytical portal of the agro-industrial complex of Ukraine, to date, 16.41 million tonnes of wheat, 22.59 million tonnes of corn, and 4.21 million tonnes of barley have been exported.
As of the indicated date, 123,700 tonnes of flour were also exported.
According to the Ministry of Agrarian Policy, Ukraine exported 56.72 million tonnes of grain and legumes in 2019/20.

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UGA EXPECTS GRAIN AND OILSEEDS EXPORTS FROM UKRAINE AT 46.8 MLN TONNES IN 2020/2021 MY

Exports ofgrains and oilseeds in the 2020/2021 marketing year (MY, September-August) will amount to 46.8 million tonnes, which is a quarter less than in the record 2019/2020 MY.
According to the website of the Ukrainian Grain Association (UGA), citing data from grain traders, the maximum export volume of these crops in the current season will not exceed the values specified in the annexes to the memorandum between the Ministry of Economic Development, Trade and Agriculture and market participants.
The UGA clarified that the rate of grain export in the current MY is significantly lower than last year’s indicators, which is due to the conjuncture of world markets.
The association expects that wheat exports in the current season will not exceed 16 million tonnes, which is significantly lower than the volume specified in the appendix to the memorandum of 17.5 million tonnes. Corn exports in the current season will not exceed 22 million tonnes, which is also below the limit set in the annex to the memorandum – 24 million tonnes.
As reported, Ukraine exported 37.71 million tonnes ofgrains and legumes since the beginning of 2020/2021 MY, which is 23.6% less than on the same date of the previous MY.
According to the information and analytical portal of the agro-industrial complex of Ukraine, to date, 14.78 million tonnes of wheat, 18.19 million tonnes of corn, 4.12 million tonnes of barley and 102,200 tonnes of flour have been exported.

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UKRAINE EXPORTS 38.92 MLN TONNES OF GRAIN SINCE START OF 2020/2021 MY

Ukraine since the beginning of the 2020/2021 marketing year (MY, July-June) and as of April 30, 2021 had exported 38.92 million tonnes ofgrains and legumes, which is 22.9% less than on the same date of the previous MY.
According to the information and analytical portal of the agro-industrial complex of Ukraine, to date, 15.08 million tonnes of wheat, 19.11 million tonnes of corn, 4.12 million tonnes of barley have been exported.
As of the indicated date, 106,100 tonnes of flour were also exported.
According to the Ministry of Agrarian Policy and Food, Ukraine exported 56.72 million tonnes of grain and leguminous crops in the 2019/2020 MY.
As reported, the Ministry of Economic Development, Trade and Agriculture of Ukraine in February predicted a decline in exports ofgrains and legumes in the 2020/2021 MY by 20.5% compared to the previous MY, to 45.4 million tonnes.

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