SFGCU's Odesa terminal grain handling set at 2 mln t in 2020/21
Odesa Grain Terminal of the State Food and Grain Corporation of Ukraine (SFGCU) will increase grain transshipment up to 2 mln t in the 2020/21(July-June) season.
"We plan that in the next marketing year more than 2 mln t of grain will be transshipped at Odesa Grain Terminal. These are significant volumes, the enterprise is ready for such volume of work and remains one of the strategic enterprises of the agrarian sector of Ukraine," commented Vasyl Kovalenko, the Acting Board Chairman of the SFGCU.
The Ministry for Development of Economy, Trade and Agriculture of Ukraine is estimating the grain harvest 2020 at over 68 mln t vs. the previously announced forecast of 65-68 mln t.
The Memorandum of Understanding between the Ministry of the Development of Economy, Trade and Agriculture of Ukraine and grain market participants will be signed on July 1 to ensure the projected grain export volume in the 2020/21 season.