Ukraine. Grain export 2021/22: memorandum wheat shipment approaches 45%

Staple grains export shipment from Ukraine since the start of the 2021/22 season has reached 17.47 mln t. As reported by the Agrarian Ministry, commodities shipment as of 22 October increased by 2.67 mln t, 11% up YoY (22 Oct. 2020: 14.8 mln t).

Ukraine’s grain export at the reporting date by crops (thou. t):

As a reminder, wheat export from Ukraine in 2021/22 was limited to 25.3 mln t. The Memorandum of Understanding was signed by the Agrarian Ministry and grain market participants.

The new crop progress in Ukraine as of 21 October came to 56.3 mln t of grains and legumes on 12.2 mln ha. The average yield made up 4.62 t/ha.

Agricultural commodities formed 45% of the total structure of Ukraine’s exports in 2020. Europe imported 32.4% of products shipped.

The USDA in its October report left unchanged the projection for Ukraine’s wheat export in 2021/22 at 23.5 mln t, corn supply is forecast lower at 31.5 mln t. The UGA informed about 48.8 mln t of grains and oilseeds export from Ukraine in the 2020/21 season.

Latifundist.com

Tags: Grain memorandum, Ukraine