Wheat bran exports from Ukraine hit a seven-year low
Ukraine exported a total 514.7 KMT of wheat bran in MY 2018/19 (down 19% from MY 2017/18, the lowest volume in seven years), reports UkrAgroConsult.
The range of export destinations widened (+7 countries). Turkey – the biggest traditional buyer – slashed purchases by 25% this season, to 432 KMT against 572.9 KMT in MY 2017/18.
Saudi Arabia – the second biggest importer – resumed purchases after a pause in MY 2016/17 and MY 2017/18.
For the first time ever, Ukraine exported wheat bran to Senegal. A rise in exports is registered to the EU and Singapore.
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.
More than 250 delegates from 25+ countries attend the conference annually. Conference participants are represented by producers and crushers of oilseeds, traders, enterprises for deep processing of vegoils, investment companies, banks, legal, shipping, brokerage, insurance, surveyor and other companies.
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