October 25, 2013

 

Ukraine to raise grain exports to 41 million tonnes by 2020

 

 

Ukrainian farmers are intending to lift grain exports to 41 million tonnes by 2020, particularly wheat exports by 44% and corn exports by 34%.

 

This was informed by Ukrainian Agricultural Policy and Food Minister Mykola Prysiazhniuk in his speech at the fourth Ukrainian Grain Congress in Kyiv.

 

"Ukraine is steadily strengthening its presence in the global food market. Moreover, Ukraine, according to the United Nations Food and Agriculture Organisation and the Organisation for Economic Cooperation and Development, has all prerequisites and real opportunities to strengthen its already very strong positions. Supplies of Ukrainian wheat to foreign markets by 2020 could grow by 44% and corn supplies by 35%," he said.

 

He said that in order to achieve these plans it is necessary, in particular, to improve the procedures for lending medium- and small-sized producers. "The state will pay increased attention to this issue and prevent the withdrawal of this category of farmers from the market," Prysiazhniuk said.

 

He added that Ukraine has significant reserves to increase the yield. "And Ukrainian President Viktor Yanukovych keeps this issue under his personal control. Reaching the level of 90% of the yield of developed countries, while keeping the existing area, will provide an additional 30 million tonnes of production," the minister said.