July 12, 2022

 

Grain exports from Ukraine 30% lower in the in 2022/23 season

 


Ukraine's Ministry of Agrarian Policy and Food said the country's grain exports were 30% down in the first seven days of July, the first month of the new 2022/23 season, compared to 402,000 tonnes in the same period last year, Reuters reported.

 

Exports of grains for the 2021/22 season that ended on June 30 increased by 8.5% to 48.5 million tonnes as a result of robust shipments made before Russia's invasion of Ukraine on February 24.

 

Since the Russian invasion, Ukraine's grain exports have decreased because its Black Sea ports, a crucial route for shipments, have been largely shut down. This has increased the price of food globally and raised concerns about shortages in Africa and the Middle East.

 

According to ministry data, 311,000 tonnes of corn, 71,000 tonnes of wheat, and 17,000 tonnes of barley were exported in July.

 

The Ukrainian government said due to the loss of land to Russian forces and lower grain yields, Ukraine could harvest only 50 million tonnes of grain this year, down from a record 86 million tonnes in 2021.

 

-      Reuters

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