Ukraine Exports 9.65 Million Tons of Grain in 2011-2012 Marketing Year
KYIV, Ukraine, January 6, 2012 /PRNewswire/ –
Exports of Ukrainian grain amounted to 9.65 million tons since the beginning of the
marketing year (starting July 1, 2011). The outflow rose 42 percent compared to 6.79
million tons as of January 4 last year, reported the Ministry of Agrarian Policy and Food
In 2011, Ukraine cropped the record amount of grain in twenty years since declaring
independence. The unprecedented harvest – over 55 million tons of grain – as well as the
removal of the export taxes and quotas contributed to the export boost in 2011. Last year
Ukraine was fourth on the list of world’s leading grain exporters, following the U.S., EU,
As of January 4, 2012, the shipments of wheat came up to 2.49 million tons, including
1.33 million tons of milling wheat and 1.16 million tons of feed grain. Shipments of
Barley accounted for 1.87 million tons; corn exports were 5.18 million tons, according to
Korrespondent. These numbers are 2.86 million tons higher than the index for the same date
of the previous marketing year (July 1, 2010, till June 30, 2011).
As of December 27, 2011, Ukraine has already contracted 4.1 million tons of wheat:
3.65 million tons of milling wheat, and 0.47 million tons of feed grain, 2 million tons of
barley, and 9.7 million tons of corn. The Ministry of Agricultural Policy and Food expects
that exports of grain crops during 2011/2012 marketing year would amount to 26 million
tons of grain, wheat making up to 7.8 million tons.
In the marketing year 2010-2011 wheat export of Ukraine landed the country the 6th
position on the global market, according to the Minister of Agrarian Policy and Food.
Moreover, this year Ukraine became the third corn supplier in the world, surpassing Brazil
and being the second runner-up to the USA and Argentina. Overall, in 2011 Ukraine
increased its agricultural export by 30 percent.
Curiously, in 2011, Ukraine initiated the creation of the world’s grain reserve under
the auspices of the United Nations. Ukraine was willing take on the responsibility to form
the reserve of 10 to 12 mln tons of grain, preserve it and make grain interventions on the
market following the respective decisions by the UN.
SOURCE Worldwide News Ukraine