EU, Egypt, Iran topped the list of buyers of Ukrainian corn in July
July corn exports from Ukraine totaled 962 KMT (-43% from June and +126% from July 2019/20). 23.4 MMT had been exported this season (-19% y-o-y), UkrAgroConsult reports.
The EU, Egypt and Iran bought more Ukrainian corn in July than China. Over the recent months, China’s share in Ukrainian corn exports has shrunk to 36%, while the EU’s share has risen to 31%. At the same time, the EU slashed purchases from last season (down 30%).
Apart from the EU, the following countries also reduced imports from the same time last year: Egypt (-25%), Turkey (-64%), Israel (-44%), Libya (-21%), Algeria (-52%), Tunisia (-18%).
China, Iran and the UK stepped up purchases from last season.
More detailed information on the latest trends in grain exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for Online Analytics “Black Sea Grain” in the new innovative tool for agri market participants – AgriSupp by UkrAgroConsult. Subscribe to a 7-day free trial!
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