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29 March 2020

News

28.01.2020

Ukraine has historically increased its wheat export this marketing year

Within less than 7 months of 2019/2020 wheat export exceeded index of the entire previous season. As of 27 January 2020, volume of the exported wheat over the period of July 2019 - January 2020 exceeded the annual level of 2018/19 MY by 30 thousand tonnes and reached 15.6 million tonnes.

According to the latest data provided by the Ministry of Economic Development, in 2019/20 MY (July-June) Ukraine exported in total over 35 million tonnes of cereals and legumes. In addition to wheat, 15.1 million tonnes of corn and 3.9 million tonnes of barley have been sold abroad. It is worth noting that export of domestic barley for the half-season (July-December 2019) exceeded volume of crops sales abroad in 2018/19 MY (July-June). It should be reminded that in 2019 more than 75 million tonnes of grain were ground, including 28.9 million tonnes of wheat, 9.1 million tonnes of barley and over 35 million tonnes of corn. Consequently, more than half of the wheat harvest and a third of barley and corn have already been exported.

In general, the dynamics of wheat production and export in Ukraine over the last 10 years, despite capacity growth of the crop, demonstrates decrease in the crop domestic consumption (mainly feeding/forage purposes) as well as export dependence of the industry.untitled-infogr_43739925 (4)




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