Ukrainian grain export 2021/22: staple grains shipment crosses 24 mln t

Staple grains export shipment from Ukraine since the start of the 2021/22 season has reached 24.19 mln t. As reported by the Agrarian Ministry, commodities shipment as of 24 November increased by 3.62 mln t, 17.6% up YoY (24 Nov. 2020: 20.6 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 18 November came to 76.67 mln t of grains and legumes on 14.9 mln ha. The average yield made up 5.2 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 November report at 24 mln t, 0.5 mln t above the previous report. Corn outlook for Ukraine was left unchanged by the USDA analysts, exports should reach 31.5 mln t in 2021/22.

Latifundist

Tags: Ukraine, export, grain