“Grain Corridor” works limited – Mykola Solskyi

UkrAgroConsult

Ukrainian farmers lose $20,000 per day from each vessel due to the idleness of Ukrainian ships in the Bosphorus with grain. This was announced by the Minister of Agrarian Policy and Food Mykola Solskyi at the briefing.

“The grain corridor, as we know, is far from working at full capacity. The main issue that Ukraine is trying to solve is control over the Bosphorus and the work of the GSS, so at the moment we do not see public results in this regard. We all want to, but the negotiations are not going well as simple as that,” he said.

According to him, Ukraine continues to export wheat and corn – these are the two main crops. However, the number of ships delivering grain is clearly not sufficient.

“This is something that greatly hinders the Ukrainian farmer and trader and our customers, including those in Africa. Because grain continues to become more expensive and the situation becomes unpredictable for those who trade with our sellers. On the other hand, expensive logistics that rely on a farmer. There is a lot of downtime and it all depends on Ukrainian farmers,” said Solskyi.

The minister emphasized that ships “sometimes stand for several weeks” in the Bosphorus.

“Several weeks for entry. And a few for exit. Before the New Year, traders called $20,000 downtime per day. Accordingly, these funds that will accumulate during downtime for entry and exit will be placed on the Ukrainian farmer. This is reflected in tens of dollars per tons of products,” explained Solskyi.

We will remind, during the full-scale war, Ukraine exported almost 40 million tons of agricultural products.

Tags: grain, grain corridor, Ukraine, export