Corn and flour in short supply as Ukraine reports on exports
Ukraine exported 22.76 million tons of grain crops from the beginning of the 2022/2023 marketing year (from July to June) and until Jan. 2, the Ministry of Agrarian Policy reported.
According to the agency, more than half (55.5%) of the total supply is corn —12.64 million tons, another 8.41 million tons of wheat (36.9%) and 1.63 million tons of barley (7.1%).
The pace of grain exports since the beginning of the current MY is 31.43% lower than in the same period last MY (from July 1, 2021 to Jan. 2, 2022, 33.2 million tons were exported).
From the beginning of 2022/2023 MY and until Jan. 2, 2022 Ukraine exported:
- 8.41 million tons of wheat (1.91 times less compared to the same period a year earlier)
- 1.63 million tons of barley (3.2 times less)
- 12,500 tons of rye (9.7 times less)
- 12.64 million tons of corn (9.5% more)
- 69,000 tons of flour (+15.9%).
On Jan. 1, only 15,000 tons of corn was exported from Ukraine, other crops were not exported to foreign markets.
The average daily export rate for the reporting period of Dec. 21 – Jan. 2 increased by 46.1% compared to the prior period of Dec. 14-21.
Ukraine exported 48.51 million tons of grains and pulses in 2021/2022 MY, which is 8.4% higher than in the previous year, despite the full-scale invasion of Russia and difficulties with the export of agricultural products due to the blockade of Ukrainian seaports.
Read also
Vegetable oil quotes are rising, but purchase prices on physical markets are limit...
Algeria diversifies wheat imports to strengthen food security
Expansion of military activity in the Black Sea threatens grain logistics. What wi...
Bunge to supply soybean oil for Brazil’s largest renewable fuels project
US risks losing its agricultural superpower status as trade wars reshape global ma...
Write to us
Our manager will contact you soon