Ukraine expects record grain exports

The Ministry of Agrarian Policy and Food of Ukraine has increased its forecast of Ukraine's grain exports in the 2016-2017 marketing year (July 2016 - June 2017) from 39.8 million tonnes announced earlier to over 40 million tonnes, Agrarian Minister Taras Kutoviy said at a ministry meeting Friday.

!!!!!!!!!!!!!!!! UAA1 !!!!!!!!!!!!!!!

"There are no threats to the country's food security. We plan that the total exports for 2016-2017 will exceed 40 million tonnes," he said.

The Minister noted that this would be a record figure in the history of Ukraine's independence.

Read alsoRada ratifies deal on EUR 400 mln EIB loan for agribusinessHe also said that since the beginning of the current marketing year, grain traders sent 10 million tonnes of grain to external markets, which is 0.5 million tonnes more year-over-year.

!!!!!!!!!!!!!!!!!!!!!!!! UAA2 !!!!!!!!!!!!!!!!!!!!!