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The Ukrainian grain exports fell for the first time in 5 years

Экспорт украинского зерна сократился впервые за 5 летThis was due to the reduction of the crop.

In 2017/18 season (July-June) for the first time in the last 5 years has been a fall in grain exports by 9.6% compared to the previous season. This was due to the reduction of the crop.

This was announced by the expert of the analytical center UkrAgroConsult.

In particular, wheat exports, which showed a steadily rising trend over the past 6 years, decreased by 2% from a record high in the 2016/17 season. The list of the countries largest importers of wheat remained the same as in the previous season. However, their share has changed significantly.

The geography of exports of barley almost not changed for many years: the lion’s share is purchased by Saudi Arabia. At the end of season purchases remained at the same level as last year.

As for corn, in the 2017/18 marketing year, Ukraine was not able to fully realize its export potential because of competition with South American proposal.

We will remind that according to Ministry of agrarian policy, in the 2017/2018 marketing year Ukrainian farmers put into foreign markets 39.4 million tons of grain crops $6.4 billion compared with the previous year, exports declined by 5 million tons.

In the 2016/2017 marketing year, Ukraine has set a new record for grain exports, sending abroad 44,4 million tons of grain. A year earlier, the exports amounted to 39.5 million tons.

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