Business news from Ukraine

UKRAINE SEES RECORD HIGH GRAIN EXPORTS AT 33.5 MLN TONNES IN 2014/2015 MY – AGRICULTURE MINISTER

17 June , 2015  

KYIV. June 17 (Interfax-Ukraine) – Ukraine has exported 33.494 million tonnes of grain since the beginning of the current 2014/2015 marketing year (MY), which is higher than last MY’s historic record of 32.3 million tonnes, according to Ukrainian Agrarian Policy Minister Oleksiy Pavlenko.

“Over this marketing year, grain exports have reached a record high of 33.494 million tonnes. Ending stocks were almost 3.5 million tonnes bigger than in the previous year,” he said at a government meeting on Wednesday.

Concerns that the sowing campaign would fail were unfounded, he added.

“The sowing campaign is over today, the plan has been met by 100%,” he said.

Pavlenko said the total area sown with crops corresponds to last year’s area, which is 26.5 million hectares, including 14.8 million hectares sown with grain crops alone. Of them, 7.9 million hectares were sown with winter crops and 6.9 million hectares with spring crops.