Black Sea region. Wheat stocks in Ukraine, Kazakhstan and Russia are estimated at 26 MMT


Ukraine. According to the State Statistics Service, stocks of cereals and pulses in Ukraine totaled 15.2 MMT as of April 1, 2018. This is down 1% from the same date last year (15.3 MMT), reports UkrAgroConsult.

At the time, wheat stocks were up 3% at 5.11 MMT versus 4.98 MMT on April 1, 2017. Barley inventories dwindled by 26.1% from a year ago, to a bit more than 1 MMT against 1.38 MMT in April 2017.

Corn stocks went down too. They totaled 8.18 MMT as of the reporting date that is 0.4% less than a year ago (8.22 MMT).

Kazakhstan. According to the Statistics Committee of Kazakhstan, as of April 1, 2018 wheat stocks were up 2% year-on-year at 8.8 MMT. Stocks of cereals and pulses totaled 10.6 MMT, this is 3% more than on the same date a year ago, UkrAgroConsult’s analysts note.

Russia. According to the Russian State Statistics Committee, wheat inventories at farming, procurement and processing entities totaled 12 MMT as of April 1, 2018, or 19% more than on the same date last year, reports UkrAgroConsult. Total grain inventories amounted to 32894 KMT.

Thus total wheat in Ukraine, Russia and Kazakhstan are estimated at 26 MMT as of April 1, 2018.



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