Ukraine may reduce grain exports by road if seaports are unblocked – Ministry of Agrarian Policy
Export by sea is more profitable for all participants of the grain market, in particular for Ukrainian farmers and traders. Ukraine could reduce the shipment of grain by road by increasing shipments through ports, but Russia hinders the work of the “grain corridor”.
This was stated by the Minister of Agrarian Policy and Food of Ukraine Mykola Solskyy, the press service of the ministry reports.
A significant supply of Ukrainian grain goes through the Polish market, which reduces the price of raw materials. This has already caused discontent among local farmers. Kiev and Warsaw are trying to resolve this issue, but the Ministry of Agrarian Policy explains that not everything depends on the Ukrainian side.
“If the whole world community together managed to press Russia to increase these inspections, we could send several times more ships per day, respectively, the flow of road transport of Ukrainian grain to European countries could be reduced. For a Ukrainian farmer exporting by sea is cheaper and, therefore, more profitable,” the agency quotes Solskyy as saying.
The Russian Federation continues to artificially restrain the export of Ukrainian grain by sea, slowing down inspections of ships in the Bosporus. Only 2-3 ships a day are inspected.
As a reminder, following the first day of his official visit to Poland, Ukrainian President Volodymyr Zelensky said that he reached an agreement with the Polish side on how to resolve the issue of supplying Ukrainian grain to the European Union. At the same time, he did not specify how exactly they decided to settle the situation, but added that “in the next days-weeks we will finally solve all the issues”.
Read also
Chinese imports of soybeans from the US in August increased by 70%
Sugar’s Biggest Jump Since 2008 Is a Fresh Threat to Food Prices
Oilseed Industry. Leaders and Strategies in the Times of a Great Change
Export prices for Ukrainian wheat are rising, although stock prices fell by 4% ove...
Kazakhstan intends to replace Russia on the EU grain market
Write to us
Our manager will contact you soon