Ukraine. Wheat exports down 11% year-over-year

12.10.2018

Ukraine exported 2.16 MMT of wheat in September 2018/19 that is comparable with the previous month’s volume (2.15 MMT) but 18.4% less than in September 2017/18, UkrAgroConsult’s analysts note.

Ukrainian wheat shipments to foreign markets totaled 5.26 MMT in July-September 2018/19 that is down 11.3% from the same period last season. In addition, this volume is the lowest in three years.

As before, the key destinations for Ukrainian wheat exports this season include Indonesia and the European Union. During the above months, supplies to these markets gained 15% and 20%, respectively. In addition, a substantial increase is observed in shipments to Philippines.

At the same time, Egypt reduced imports substantially, as this country increasingly prefers Russian wheat. So, Ukrainian exporters shipped just 319.6 KMT of wheat to Egypt in July-August 2018/19, or 55% less than in the same period last year.

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 weekly market report "Black Sea Grain" by UkrAgroConsult.

If you need fast and reliable analytical tool, historical and current market data, daily updates on grain, oilseed and pulses markets, try out a new innovative tool for agri market participants – AgriSupp.com. We offer 2-week trial! Completely free!

 

UkrAgroConsult

 

 

Readers choice: TOP-5 articles of the month by UkrAgroConsult