Ukraine. Wheat export 26% ahead of last season’s, barley 36% up

Staple grains export shipment from Ukraine since the start of the 2021/22 season has reached 29.37 mln t. As reported by the Agrarian Ministry, commodities shipment as of 20 December increased by 5.27 mln t, 22% up YoY (20 Dec. 2020: 24.09 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 25 November came to 79.73 mln t of grains and legumes on 15.2 mln ha. The average yield made up 5.25 t/ha.

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

Wheat export from Ukraine in 2021/22 is projected by the USDA in its December report at 24.2 mln t, 0.2 mln t above the previous report. Corn outlook for Ukraine was improved by the USDA analysts, production should reach 40 mln t in 2021/22.

Latifundist

Tags: barley, corn, export, rye, Ukraine, wheat