Ukrainian wheat stocks are 16% lower than last year


According to Ukrainian official statistics, as of October, 1 2016 stocks of grains and legumes were 24.87 MMT, which was 3.5% less than for the same date in 2015 – 25.77 MMT, reports UkrAgroConsult.

By the reporting date wheat stocks had lowered by 16% – to 14.48 MMT against 17.18 MMT as of October, 1 2015.

Corn stocks grew by 9% - to 3.99 MMT. Barley stocks were higher than in 2015 (+5%) and equal 3.43 MMT against 3.26 MMT in 2015.

According to UkrAgroConsult, wheat stocks were lower due to higher export pace in the current season. In the first three months of  2016/17 wheat exports were 13% higher than over the same period of 2015/16 (6.18 MMT against 5.48 MMT in July-September 2014/15 МГ).



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