Grain export 2021/22: Ukraine exports of barley and corn surge 40% - 21.02.2022

Grain export 2021/22: Ukraine exports of barley and corn surge 40% - 21.02.2022

Staple grains export shipment from Ukraine since the start of the 2021/22 season has made up 42.5 mln t. As reported by the Agrarian Ministry, commodities shipment as of Feb. 21 increased by 11.57 mln t, 37% up YoY (Feb. 21, 2020: 30.9 mln t).

Ukraine's grain export at the reporting date by crops (thou. t):

 Commodity Total In Feb. 2021 YoY
 Corn 18 683 3 165 5 518
 Wheat 17 849 798 4 525
 Barley 5 570 88 1 614
 Rye 160,1 3,6 158,4

As a reminder, wheat export from Ukraine in 2021/22 was limited to 25.3 mln t. The Memorandum of Understanding was signed by the Agrarian Ministry and grain market participants. The Government also considers milling wheat export from the country. The decision was reported to be taken in January, but it has not happened yet.

The new crop progress in Ukraine as of 20 December came to 84.17 mln t of grains and legumes on 15.71 mln ha. The average yield made up 5.36 t/ha.

The projection for wheat export from Ukraine in 2021/22 was cut by 0.2 mln t to 24 mln t by the USDA in its February report.

Previously reported that grains export from Ukraine in 12M 2021 totalled 50.8 mln t. China, Egypt and Turkey are the largest markets in the period.

 

Grains production and export from Ukraine (click for higher resolution)
 
Source: https://latifundist.com/, Image: minka2507 from https://pixabay.com/