Ukraine's August sea port grain exports grew by 1.9x mth/mth
In the period August 1-31, sea ports in Ukraine shipped 6.3 mln t of staple grains for export, 1.9x up from July (3.3 mln t as provided by the figures updated), the APK-Inform consultancy reports.
August wheat shipment increased to 4.2 mln t, 3.5x up mth/mth. Corn shipment dropped by 2.4x mth/mth, to 0.38 mln t. Barley export in the last summer month summed 1.8 mln t, 1.4x more from the previous month.
The key export markets for Ukrainian grain in August:
- Indonesia: 782.8 thou. t of wheat
- China: 752.8 thou. t of barley
- Egypt: 57.4 thou. t of corn, 42.5% of Ukraine's total corn supply in Aug.
Related: Early Grains New Crop Quality: Wheat, Barley, Rapeseed of 2021
Since the start of 2021/22(July 2021-June 2022), the port of Mykolaiv has provided for the transshipment of 3.1 mln t of ag commodities. The ports of Chornomorsk and Pivdenny handled 2.3 and 1.8 mln t, respectively.
The USDA in its September report left unchanged the projection of wheat production for Ukraine and Russia, same as for corn production, export and ending stocks in Ukraine.
Grain export shipment from Ukraine as of 13 Sept. totalled 10.48 mln t, 11% up YoY.
Agricultural commodities formed 45% of the total structure of Ukraine's exports in 2020. Europe imported 32.4% of products shipped.
