Stocks of wheat in Ukraine is 14% lower than last year

2018-10-24 12:08:44
Machine translation
Stocks of wheat in Ukraine is 14% lower than last year

the Stocks of wheat in exporting countries of the black sea region continue to decline because of reduced production amid robust exports.

 

According to DFS, in Ukraine as of 01.10.2018 wheat stocks amounted to 12,275 million tonnes, while 01.10.2017 they amounted to 14,032 million tons.

 

Directly on the agroenterprises remains 7,372 million tons of wheat, whereas in enterprises for storage and processing of grain stocks dropped to 4,903 million tonnes, down from 6,005 million tons on September 1, 2018

 

In Ukraine, as at 1 October 6,563 million hectares collected 25,007 million tons of wheat, which is 6.2% lower than in the corresponding period in 2017.

 

At the same time as at 17 October has already exported 7 million tonnes of wheat, which practically corresponds to last year's level and represents 44% of the amount set in the Memorandum of understanding between the agriculture Ministry and grain market participants, which provides for the export of 8 million tonnes of feed wheat and 8 million tons of food.

 

domestic Demand is 4.5 million tons of wheat. The current balance for wheat in Ukraine is very tense, and the growth of export demand carry-over stocks can significantly decline.

 

In Russia the stocks of grain traders and processors as of October 1, 2018 in comparison with last year has decreased by 10.3% to 17,859 million tonnes of grain, in particular wheat – 7.8% to 14,424 million tons, while stocks of grain at agricultural enterprises decreased by 20% to 30.31 million tons

 

As of October 22, in the country, with 98.7% of the area harvested 73 million tonnes of winter and spring wheat at a yield of 27.9 C/ha as opposed to 87.6 million tonnes in 2017. Wheat exports for October 20 to 35 per cent higher than in the corresponding period last year and amounted to 15 million tons.

 

the agriculture Ministry estimates wheat exports in the season 2018/19 30 million tons and experts from the USDA, 35 million tons.

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