Ukrainian seaports boosted corn shipments 21 times
In the period from August 18 to 24, 2018, Ukraine exported 155 thou. tons of main grain crops, which is 76% less the previous week's figure (652 thou.tons, taking into account the actualization of the data), APK-Inform writes.
The volume of corn exports increased from 3 thou. tons a week earlier to 63 thou. tons in the reporting week. At the same time, the volume of shipments of wheat dropped to 60 thou. tons (585 thou. tons a week earlier). Barley was shipped in the volume of 32 thou. tons, which is 51% less than the previous week.
The leaders of grain transshipment volumes in the reporting week are as follows:
- Ochakov — 89 thou. tons;
- Mykolaiv — 28 thou. tons.
The key importers are the Netherlands (56 thou. tons), Tunisia (37 thou. tons) and Indonesia (33 thou. tons).
Reference: the International Grains Council in its August report reduced the forecast for global wheat production in MY2018/19 to 716 million tons. This volume is 5 million tons below the July forecast and 42 million tons less than the record harvest of MY2017/18.