Ukraine is the major supplier of wheat to the EU this season

According to the European Commission, since the beginning of 2019/20 and by August 25, 2019, the EU countries boosted soft wheat imports from Ukraine by more than 500% compared to the same period of the 2018/19 season – from 29.7 KMT to 188.8 KMT. Therefore, Ukraine became the largest supplier of soft wheat to the European Union with a share of 42% in total imports, reports UkrAgroConsult.

Meanwhile, the purchases of soft wheat from Russia decreased to 42.4 KMT, and the share of Russian wheat in total imports by the EU dropped from 32% to almost 10%.

In total, during July 01, 2018 – August 25, 2019, wheat imports by the EU countries grew by 11% to 448 KMT.

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.com by UkrAgroConsult. We offer 2-week trial! Completely free!

Please be reminded that on September 5, UkrAgroConsult will host a major meeting point of the oilseed industry operators – the 7th International Conference “Black Sea Oil Trade-2019” in Hilton, Kyiv, Ukraine.

‘Black Sea Oil Trade’ conference annually brings together key players of the global agribusiness at the start of a new oilseed season. The goal of the conference is to discuss prospects and directions of the Black Sea and global oilseed market development, exchange international contacts, share recommendations for adapting business strategies in the changing market and global trade.

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