Grain export 2020/21: ag commodities shipment 14% lower YoY
Staple grains export shipment from Ukraine has made up 22.9 mln t since the start of the 2020/21 season. As of Dec. 11, agricultural commodities shipment dropped by 3,84 mln t or 14% from the prior year's comparative period, 26.3 mln t, the information-analytical portal of the agro-industrial complex of Ukraine reports.
Grain export structure in the reporting period:
- wheat: 12.14 mln t, ▼13% or 1.77 mln t y-o-y
- barley: 3.71 mln t, ▲3% or 105 thou. t y-o-y
- corn: 6.68 mln t, ▼25% or 2.22 mln t y-o-y
- rye: 1.7 thou. t, ▼66% or 3.3 thou. t y-o-y
As a reminder, the Ministry for the Development of Economy, Trade and Agriculture of Ukraine and grain market participants signed the Annex to the Memorandum of Understanding on Aug. 17, setting the limit for wheat export from Ukraine in the 2020/21 season at 17.5 mln t, rye at 1 thou. t. As of the reporting date, 69% of the agreed volume of wheat export was shipped.
Related: Thumbs up or Thumbs Down: Does the Booming Corn Export Endanger the Domestic Market?
In the 2019/20 season, grains, pulses and flour export from Ukraine totalled the record 57.2 mln t, 6.8 mln t higher YoY (2018/19: 50.4 mln t).
Previously reported that corn in Ukraine yielded lower than in Russia for the first time since 1992.
The United States Department of Agriculture (USDA) in December report improved the estimate for corn export from Ukraine in 2020/21 by 1.5 mln t to 24 mln t.