Ukraine outstripping EU countries in the barley export market

02.02.2017

According to USDA forecasts, this season’s global barley trade volume will amount to 26.7 MMT, or less than in the previous two seasons. Compared with last season’s record, the export shipments will lower rather noticeably, on average by 12%. However, taking into consideration the pace of world barley exports in the first five months of the season, this decrease may appear even more substantial, reports UkrAgroConsult.

The IGC reports that 10.8 MMT was shipped in July-November 2016, down 23% year-on-year (14.1 MMT in July-November 2015/16). At the same time, the main advantage in the current export season is held by Ukraine, which has managed to sideline such a major supplier as the EU.

The current slowdown in world exports is accounted by decreased deliveries from the EU and Russia.

Full version of the article is available to subscribers for weekly market report “Black Sea Grain & Oil” and “Online market review” by UkrAgroConsult.

 

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