December corn exports from Ukraine exceeded last year’s volume

December corn exports from Ukraine totaled almost 4.9 MMT (+23% from November, +28% from December 2020/21). Almost 10 MMT had been exported since the beginning of the season. This is 10-11% higher compared to last year, UkrAgroConsult reports.
In December, the largest volume – over 1.4 MMT – was shipped to China, but this season’s total exports to the Chinese market currently lag 16% behind last year.
Apart from China, Egypt also reduced imports (down 23% y-o-y).
The majority of other importers stepped up purchases compared to the same time last year: ЕU (+8%), Turkey and Iran (threefold), Israel (+46%), Libya (+18%).
South Korea had imported over 385 KMT of Ukrainian corn since the beginning of the season, or more than in the entire last season (53 KMT).
More detailed information on the latest trends in grain exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for Online Analytics “Black Sea Grain” in the new innovative tool for agri market participants – AgriSupp by UkrAgroConsult. Subscribe to a 7-day free trial!
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