Marked increase in grain shipments fixed during Oct-Nov
In the first quarter of 2018/19, the Ukrainian grain exports showed a decline compared to the previous season. In October and November, there was a sharp increase in shipments against the background of the active supply of the new crop into the corn market, APK-Inform reports.
By the end of October, the total export of grain crops is estimated at around 4.4 million tons, which is a record volume for this month and 31% more than in October of the previous season. According to operational data, by the end of November, a monthly record of shipments was again set in grain exports, which stood at 5.3 million tons.
With regular adjustments to the forecast balance of grain supply and distribution in Ukraine in 2018/19, the export potential was improved to 45.1 million tons resulting from an increase in the assessment of the corn export potential to 25 million tons.
Learn more: TOP 10 grain exporters in 2018
Since the start of MY2018/19, as of December 12, Ukraine exported 20.41 mln tons of grain, which is 2.14 mln tons more than the indicator for the last year's comparative period.
The new infographic guide Agribusiness of Ukraine 2017/18 is available by the link.