Ukraine. Wheat exports hitting new highs
1310 KMT of wheat was shipped abroad in March that is a record high for this month, 93% more than in February and 47% more than in March 2018/19, UkrAgroConsult reports.
Ukraine exported 34% more than a year earlier.
The record-high volume of March exports was accounted for mostly by deliveries to Egypt. This country absorbed 18% of total wheat exports from Ukraine in the first nine months of MY 2019/20.
Other major buyers in March were Bangladesh and Yemen.
The greatest year-on-year gains are shown by Turkey and Yemen.
Morocco has been buying no wheat from Ukraine for a third consecutive month now. As a result, the country dropped off the top 10 list of importers of Ukrainian wheat;
Exports to almost all key destinations are up on the year, except for the following markets: the EU: -46%, the Philippines: -35%, Thailand: -29%.
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 14-day free trial!!
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