Article
Ukraine’s grain exports up from last year
Published: 04/11/2024
Ukraine’s
grain exports for the 2024/25 July to June season totalled 13 million metric
tonnes as of 21 October, up from approximately 8,3 million tonnes on 23 October
2023, according to data from the agriculture ministry. The volume included 7,2
million tonnes of wheat, 3,8 million tonnes of maize, and 1,7 million tonnes of
barley.
Ukraine’s
government and farm associations have agreed to limit wheat exports in the
2024/25 season to 16,2 million tonnes to ensure sufficient supplies for the
local population. Traders have utilised almost 44,5% of the agreed wheat export
quota so far, with no restrictions on exports of other commodities.
The ministry
reported that traders had exported around 2,6 million tonnes of grain in
October compared to 1,6 million tonnes over the same period last year. The
combined grain and oilseed crop for this year is expected to fall to 77 million
tonnes, including approximately 54 million tonnes of grain, the ministry said.
Ukraine’s grain exports in the 2023/24 marketing season increased to roughly 51
million tonnes from 49,2 million tonnes the previous year. – XM