22 June 2021, 12:58, Oilseeds

June grain stocks in Ukraine 14% up YoY: state statistics

Grains and pulses stocks in Ukraine as of June 1 amounted to 6.9 mln t, 15% or 825 thou. t up YoY (June 1, 2020: 6.07 mln t), the State Statistics Service data show.

Wheat stocks as of the reporting date remained at the previous year's level, at 2.4 mln t. At the enterprises engaged in storage and processing, grain reserves amounted to 819.9 thou. t, and at agricultural producers' facilities 1.58 mln t.

Under the statistical data, corn stocks were 16% up from last year's and amounted to 3.63 mln t (June 1, 2020: 3.14 mln t), including 2 mln t accumulated by agricultural producers, at enterprises engaged in storage and processing 1.62 mln t.

Barley stocks in Ukraine in the reporting period reduced by 28% from last year's and amounted to 497.9 thou. t: at the enterprises engaged in storage and processing, stocks of barley amounted to 179.1 thou. t, and at agricultural producers' facilities 318.8 thou. t.

Rye stocks grew by 2.3x and made up 124.5 thou. t: 64.9 thou. t at specialized storage facilities and 59.6 thou. t at agricultural producers' storages.

As of June 1, sunflower stocks stood at 1.39 mln t (June 1, 2020: 2.28 mln t) or 39% lower, including 721.3 thou. t stored by agricultural producers, and 673.7 thou. t at enterprises engaged in storage and processing.

Soybean stocks in Ukraine dropped by 5% YoY to 411 thou. t. On the reporting date last year, soybean stocks totalled 431 thou. t. Agricultural enterprises stored 246.7 thou. t. Enterprises specializing in processing and storage kept 164.3 thou. t of the oilseed crop.

Rapeseed stocks reduced by 5% to 78.2 thou. t (June 1, 2020: 82.6 thou. t): 36.3 thou. t at specialized storage and processing facilities and 41.9 thou. t at agricultural producers' storages.

As of December 14, 2020, agriproducers in Ukraine harvested 83.8 mln t of main crops on 24.1 mln ha, of which grains and legumes total 65.4 mln t harvested on 15.3 mln ha, making up 99% of the planned areas.

Wheat production in Ukraine is projected by USDA at 29.5 mln t in 2021/22. Wheat exports are set at 20.5 mln t, ending stocks at 1.55 mln t. Corn production in Ukraine in 2021/22 is forecast at 37.5 mln t.

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