Grain exports down by 16% as of Dec 23

Ukrainian agrarians exported 24.75 million tonnes of grain in the new marketing year (MY, July 2020 - June 2021) as of December 23, 2020, which was 4.7 million tonnes, or 16%, down from December 23, 2019.

The figures were reported by Ukraine's Ministry for Development of Economy, Trade and Agriculture on its website on December 23.

In particular, 12.29 million tonnes of wheat was exported (2.1 million tonnes down against the figure reported in MY 2019-2020), exports of rye totaled 1.7 million tonnes (3.3 million tonnes down), and those of corn stood at 8.33 million tonnes (2.6 million tonnes down).

At the same time, barley shipments rose by 45,000 tonnes, to 3.74 million tonnes on the previous marketing year.

Read alsoPoor harvest affects Ukraine's GDP in Q3 – National BankExports of Ukrainian flour dropped by more than 50%. The agrarians shipped 74,000 tonnes of flour abroad as of December 11, 2020, which was 107,000 tonnes down against December 11, 2019.

Background

Ukraine's Ministry for Development of Economy, Trade and Agriculture and traders agreed that wheat exports should not exceed 17.5 million tonnes in MY 2020-2021, while those of rye 16,000 tonnes.

Ukraine in MY 2019-2020 exported record high 57.2 million tonnes of grain and legumes, as well as flour onto foreign markets.

Ukrainian agrarians exported 22.89 million tonnes of grain in MY 2020-2021 as of December 11, 2020, which was 3.8 million tonnes, or 14.4%, down from December 11, 2019.

The Ministry for Development of Economy, Trade, and Agriculture and relevant associations agreed not to impose restrictions on grain exports at a meeting held on December 22, 2020.