During the season 20/21, the export of Ukrainian grain is expected to decrease by 20%
According to forecasts of the Ministry of Economic Development, Trade and Agriculture, this season Ukraine will export 45.4 million tons of grain and leguminous crops, but in 19/20 this figure was 20% higher.
The Ministry forecasts are as follows:
The export volume of wheat will reach 17.5 million tons, which is 17% less than last year.
The export volume of barley will reach 3.82 million tons, which is 33.7% less than last year.
The export volume of corn will reach 23.5 million tons, which is 22.5% less than last year.
The Ministry of Economy of Ukraine thinks that the gross grain export in 20/21 will be 70.2 million tons, which includes 65.5 million tons of newly produced crops and 4.5 million tons of residual crops. It is also expected that consumption will amount to 66 million tons.