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The grain export rate is two times lower than last year

Despite the Russian invasion, Ukraine shipped 48.5 million tons of grain abroad a year. Now the transmission speed is two times lower.

Since the beginning of the 2022/2023 marketing year (July-June), Ukraine has exported 1.87 million tons of grain, which is almost twice less than last year. Grain supply data on Friday, August 5, published by the Ministry of Agrarian Policy and Food.

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Thus, for the given period of last year, 3.63 million tons of grain were exported.

Since the beginning of the current marketing year, 1.25 million tons of corn (67% of the total supply), 444 thousand tons of wheat (23.5%) and 165 thousand tons of barley (8.8%) have been shipped abroad.

It was noted that recently the export rate for the reporting period increased by 36%.

In general, from the beginning of MY 2022/2023 and until August 5, Ukraine exported 444 thousand tons of wheat (2.8 times less compared to the same date in 2021/2022), 165 thousand tons of barley ( 8 times less) and 4.7 thousand tons of flour (2.9 times less). However, the pace of corn exports exceeded last year’s volumes – 1.25 million tons were exported, which is 19.1% more than in 2021/2022 MY.

It should be noted that in 2021/2022 MY, Ukraine exported 48.51 million tons of grain and leguminous crops, which is 8.4% higher than the previous MY.

It will be recalled that on July 22, an agreement was signed in Istanbul on the launch of a “grain corridor” from Ukraine. It started on August 1. Ukraine hopes to significantly increase grain exports – by about $10 billion.

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Source: korrespondent

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