Exports of grain from Ukraine reached 33.300.000 tons
Since the beginning of 18/19 MY and as of March 6, 33.300.000 tons of grain crops have been shipped from Ukraine to foreign markets.
Such information was provided by Minagroprod.
12.700.000 tons of wheat and 3.300.000 tons of barley were shipped abroad. In addition, during this period, 16.800.000 tons of corn was also shipped from Ukraine.
During this period, 170.000 tons of wheat flour were supplied abroad.
Ukraine is one of the largest producers of grain and cereal crops in the world. In 2018/2019, the volume of grain exports from Ukraine reached a record high of 33.3 million tons, which is 27.5% higher than the previous season. This is a significant improvement for the Ukrainian economy, as grain is one of the country’s main export products. However, record-high export volumes may lead to lower prices on the global market, which could negatively impact the income of Ukrainian producers. Additionally, increasing grain exports may lead to a reduction in stocks on the domestic market, which could lead to higher grain prices in Ukraine.