Business news from Ukraine

UKRAINE EXPORTS 44.2 MLN TONNES OF GRAIN SINCE START OF MARKETING YEAR

Ukraine since the beginning of the marketing year 2019/2020 (MY, July-June) and as of March 23, 2020 had exported 44.19 million tonnes of grain and legumes, which is 7.92 million tonnes more than on the same date of the last MY.
According to the information and analytical portal of the agro-industrial complex of Ukraine, to date, the country has exported 17.42 million tonnes of wheat, 22.03 million tonnes of corn, and 4.22 million tonnes of barley.
As of March 23 this year, some 267,800 tonnes of flour had been also exported.
As reported, Ukraine in the 2018/2019 MY 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 March raised its forecast for grain exports in Ukraine for the 2019/2020 MY by 680,000 tonnes compared with the February forecast, to 57.34 million tonnes due to indicators for corn.

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ASCET SHIPPING STEVEDORE INCREASES GRAIN HANDLING IN BERDIANSK SEAPORT BY 62%

The private port operator Ascet Shipping increased the grain handling in Berdiansk seaport to 1.134 million tonnes in 2019, which is 62% more than in 2018 (700,349 tonnes).
According to the company’s press service reported on Tuesday, March 17, the volume of handling by Ascet Shipping in Berdiansk seaport has already exceeded 3 million tonnes since it has been working as a port operator (2016).
According to the company’s report, the port operator handled 1.134 million tonnes of cargo, servicing 161 vessels in 2019.
“In the status of a port operator in Berdiansk seaport, Ascet Shipping invested about $4.3 million of its own funds in the development of infrastructure providing grain export through the berths of Berdiansk port. In particular, a port warehouse complex with a capacity of about 100,000 tonnes, a convoy, and modern laboratories were created. The port’s berths were equipped with new technological handling equipment, which allows loading five grain vessels at the port’s berths at the same time,” the company said.
According to the statement, Ascet Shipping has created more than 300 jobs over three and a half years of work in the status of a port operator.
Ascet Shipping is included in top 30 of the largest stevedoring companies in Ukraine and is the largest port operator of Berdiansk seaport.

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UKRAINE EXPORTS 43 MLN TONNES OF GRAIN SINCE START OF AGRI-YEAR

Ukraine since the beginning of the agricultural year 2019/2020 (July-June) and as of March 13, 2020 had exported 42.94 million tonnes of grain and legumes, which is 8.66 million tonnes more than on the same date of the previous agri-year.
According to the information and analytical portal of the agro-industrial complex of Ukraine, to date, the country has exported 16.99 million tonnes of wheat, 21.38 million tonnes of corn, and 4.07 million tonnes of barley.
As of March 13 of this year, 263,700 tonnes of flour had been also exported.
As reported, Ukraine in the 2018/2019 agri-year exported a record 50.4 million tonnes of grain, legumes and flour, which is 23% more than in the previous agri-year.
The U.S. Department of Agriculture (USDA) in March raised its forecast for grain exports in Ukraine for the 2019/2020 agri-year by 680,000 tonnes compared with the February forecast, to 57.34 million tonnes due to corn.

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SITUATION WITH CORONAVIRUS SHOULD NOT AFFECT UKRAINIAN GRAIN EXPORT

The situation with coronavirus should not considerably influence the Ukrainian grain export, as the demand for agricultural products depends on number of the population, which is growing, and it is less elastic than the demand for fuel, consumer goods or tourism services, acting Director General of the Ukrainian Grain Association (UGA) Serhiy Ivaschenko has said.
According to him, since the outbreak of the coronavirus epidemic in China, Ukraine has not yet felt on its part the decline in demand for cereals.
“However, it should be remembered that certain logistic restrictions, such as a ban on entering ports for ships that visited regions where coronavirus disease is detected, or credit restrictions due to the collapse of economies, can negatively affect international trade,” he told Interfax-Ukraine.
Ivaschenko said that such physical and financial limits could well have a negative impact on the dynamics of Ukrainian agricultural exports.
“At present, oil and fuel producers are experiencing a drop in demand and prices amid expectations of a decrease in transportation. A slowdown in a large economy such as China will certainly have a negative impact on other economies. If effective methods of combating coronavirus are not found in the near future, then the consequences for all the economies of the world will be very negative – an economic crisis may begin,” he said.
At the same time, the expert added that a drop in international trade will lead to an increase in product stocks and lower prices for it in the domestic market of Ukraine, as well as a drop in export revenue and national budget revenues.

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UKRAINE EXPORTS 39 MLN TONNES OF GRAIN

Ukraine since the beginning of the 2019/2020 agricultural year (July-June) as of February 20, 2020 had exported 38.99 million tonnes of grains and leguminous crops, which is 7.9 million tonnes more than a year ago.
According to the information and analytical portal of the agro-industrial complex of Ukraine, the country has exported 16.26 million tonnes of wheat, 18.26 million tonnes of corn, and 3.98 million tonnes of barley.
As of February 20 of this year, 246,000 tonnes of flour had been also exported.
As reported, Ukraine in the 2018/2019 agri-year exported a record 50.4 million tonnes of grain, legumes and flour, which is 23% more than in the previous agri-year.

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UKRAINE EXPORTS 38.4 MLN TONNES OF GRAIN SINCE START OF MARKETING YEAR

Ukraine since the beginning of the marketing year 2019/2020 (MY, July-June) and as of February 17, 2020 had exported 38.36 million tonnes of grain and legumes, which is 7.5 million tonnes more than on the same date of the last MY.
According to the information and analytical portal of the agro-industrial complex of Ukraine, to date, the country has exported 16.23 million tonnes of wheat, 17.67 million tonnes of corn, and 3.97 million tonnes of barley.
As of February 17 of this year, 240,600 tonnes of flour had been also exported.
As reported, Ukraine in the 2018/2019 MY exported a record 50.4 million tonnes of grain, legumes and flour, which is 23% more than in the previous MY.

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