May 28, 2012

 

Ukraine eyes to sell three million tonnes corn to China

 

 

About three million tonnes of corn is Ukraine's plan to sell to China, which has not so far been a market for Ukrainian grain, farm minister Mykola Prysyazhnyuk said.

 

"We want to export the first three million tonnes of corn to China in the 2012-13 season," Prysyazhnyuk told reporters on Friday (May 25).

 

"It is so important for us to export corn to China. We have increased the area sown for corn by one million hectares and expect a good harvest and large exports," he said.

 

Prysyazhnyuk told Reuters last week that Kiev hoped to secure a quarantine agreement with China to gain access to its huge market late this year.

 

Prysyazhnyuk said two state-run organisations - the Agrarian Fund and grain firm UPZK - could supply corn to China.

 

Ukraine raised corn production to a record 22.7 million tonnes in 2011 from an average five million to six million in the past 10 years and the former Soviet republic plans to harvest about 25 million tonnes in 2012.

 

According to the Farm Ministry data, farmers had sown 4.5 million hectares to corn in 2012 against 3.5 million in 2011.

 

UkrAgroConsult agriculture consultancy said this week it forecast the harvest at 21.25 million tonnes this year. The consultancy said yields could be five tonnes per hectare in 2012, the same as in 2011.

 

It said a jump in the harvest would allow Ukraine to increase corn exports in the 2011-12 season to about 12 million tonnes and to at least 14 million tonnes in 2012-13. Ukraine exported five million tonnes of corn in 2010-11.

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