The pace of grain exports from Ukraine is still inferior to last year

2021-03-29 12:01:37
Machine translation
The pace of grain exports from Ukraine is still inferior to last year

part of the Ukrainian manufacturers, which have kept the market in anticipation of higher prices for grain will lose profit due to a sharp decline in world prices for wheat and corn. At the same time, the rate of export of Russian grain is much higher than last year.

 

According to the Ministry, the export of grain from Ukraine in 2020/21 MG decreased in comparison with the similar period of the previous season at 10.2 million tonnes to 34,725 million tons, including:

 

  • the wheat – 3,363 million tonnes to 14,219 million tonnes,
  • barley – 192 thousand tons to 4,087 million tonnes,
  • corn – 6,713 million tonnes to 15,828 million tonnes.

 

in addition, the export of flour decreased by 174,4 kt 96.3 thousand tons, including wheat – on of 173.7 thousand tons to 95.4 thousand tons.

 

over the last week, Ukraine increased wheat exports by 85% to 241 thousand tons due to lower purchase prices and increased sales of manufacturers. Until the end of the season you want to export another 3.3 million tons of wheat and 250 thousand tons weekly, that will be quite difficult to do, because in the background of the decline in world prices for wheat producers to stop the sale.

 

the Export of barley for a week rose to 41 kt, and just season has almost reached last year's level thanks to high prices for barley, who a few weeks ago kept at the level of corn prices.

 

corn Exports for the week decreased by 22% to 502 thousand tons, which increased the gap from last year's pace. Until the end of the season you need to export of 8.2 million tonnes, or about 630 thousand tons weekly, amid high prices for Ukrainian corn is hard to do. However, there is hope on the demand for Ukrainian corn from China.

 

Russia is actively used by high grain prices increased compared to the same period last year, exports of wheat by 26% to 34.6 million tonnes, and barley – 58% to 5.1 million tonnes Weekly corn export is stable at 400 thousand tonnes, an increase in competition with the Ukrainian corn. But while corn exports to 19 per cent behind last year's pace and is 2.7 million tons.

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