Ukrainian grain export 2021/22: corn shipment boosts 30% YoY

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Staple grains export shipment from Ukraine since the start of the 2021/22 season has crossed 36.8 mln t. As reported by the Agrarian Ministry, commodities shipment as of Jan. 26 increased by 8.5 mln t, 30% up YoY (Jan. 26, 2020: 28.34 mln t).

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

 Commodity Total In Jan. 2021 YoY
 Corn 14 343 3 329 ▲3 255
 Wheat 16 703 801 ▲3 825
 Barley 5 409 213 ▲1 515
 Rye 152 30,7 ▲150,3

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 is reported to be taken in January.

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.

Agricultural commodities formed 45% of the total structure of Ukraine’s exports in 2020. Europe imported 32.4% of products shipped.

The USDA in its January report left unaltered its projections for wheat production and export from Ukraine in 2021/22. Both production and exports of corn from Ukraine were revised upward.

 

Latifundist

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