Ukraine's grain reserves down nine percent on-year

Ukraine's grain reserves as of November 1 totalled 22.4 million tonnes, down nine percent on-year, according to the State Statistics Committee.

Wheat reserves are at 11.1 million tonnes, corn at 3.6 million tonnes, barley at 5.3 million tonnes and rye at 800,000 tonnes, the committee said.

Ukraine expects to harvest 47 million tonnes of grain this year. The country harvested 53.3 million tonnes of grain in 2008, up 82 percent on 2007.