June 21, 2011

 

Ukraine's wheat exports show substantial increase

 

 

Ukraine's wheat exports surged to 27,000 tonnes in the first 15 days of June, compared with 3,000 tonnes a month earlier, according to researcher ProAgro.

 

The country also shipped 58,400 tonnes of corn from June 1 through June 15, said Kiev-based ProAgro, citing data from ports.

 

Ukraine now has 452,500 tonnes of grain at ports ready to be shipped, the researcher said.

 

The government cancelled quotas on wheat and barley shipments early this month, after lifting limits on corn deliveries a month earlier. The quotas were imposed last year after drought reduced the grain crop by six million tonnes. Outbound shipments are to be taxed from next month through December.

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