October 31, 2008

Ukraine reduces grain export rates


Ukraine decreased grain export rates, said Ivan Demchak, the Deputy Minister of Agrarian Policy on Wednesday, October 29 2008.


During the new marketing year (MY), Ukraine has exported 8.47 million tonnes of grain, in September, the exports totalled 2.78 million tonnes and in October, it was 1.81 million tonnes.


Therefore, the export rates decreased due to reduction in world prices for grains and oilseeds, according to the Deputy Minister.


During 2008/09 marketing year (MY), Ukraine has exported 4.45 million tonnes of wheat, 3.52 million tonnes of barley, 464.000 tonnes of corn, 30.000 tonnes of other grains and 1.52 million tonnes of rapeseed.

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