Wheat shipments in seaports dropped 59 pct
In the period of March 23-29, wheat shipments from the Ukrainian seaports reduced 59 pct wk/wk to 856 thou. tons, the APK-Inform consultancy reports.
In the reporting week, shipments of main crops from the Ukrainian seaports reduced to 590 thou. tons, 41% from the previous reporting week (1.3 million tons).
Shipments of corn reduced to 483 thou. tons (54 pct). Barley was not shipped in the reporting period.
The top-3 importers of grain are Spain (87 thou. tons), Germany (82 thou. tons) and China (67 thou. tons).
The leading position in terms of the transshipment volume of main crops in the current marketing year is held by the port of Mykolaiv (9.1 million tons). The ports of Chernomorsk and Yuzhny provided for the transshipment of 8.1 million tons and 6.7 million tons, respectively.
The projection for world wheat production in 2019/20 is increased by 23.8 million tons to 758.7 million tons, 24% higher than the current season (734.9 million tons).