Ukraine expects high grain exports

Ukraine with ambitious plans for exporting cereals.

Despite economic problems has succeeded in Ukrainian agriculture, 2015/16 of around 60 million tonnes on the legs to make a crop. Given the claimed in advance financing difficulties as a result of high interest rates and inflation due to expensive resources, the result comes yet not entirely unexpected. The favourable weather has played an essential role and compensate for shortcomings.

The Basic development of expanding corn cultivation with expensive to bought corn seed in the Ukraine is been slowed somewhat, for the other types of grain came back stronger to the course.

The favourable weather has benefited in particular the wheat yields . The harvest is estimated at 25 million tons. Approximately 12 million tonnes to assume in the export. While Russia is immediately main competitor, which is however handicapped among the export tax.  The EU also represents a considerable rivalry with their rather higher quality wheat qualities.

The Ukrainian corn production to a lot of 26 million tonnes in the year 2015/16 bring. It is good half for export. Part of it is also in the EU to meet its import needs.

The grain exports are a major source of financing of the country. There is therefore a smooth envelope to the Black Sea ports of importance. So far the capacity to Odessa have submitted completely no longer under Ukrainian control the Crimean port locations and the Azovschen sea to compensate for that. The area losses are for cereal production of less importance.

The exporting countries around the Black Sea region of Russia, Ukraine and Kazakhstan form a considerable focus in the global grain market. In the sum of these three countries is to be expected with an export offer on the order of nearly 70 million tonnes.  The United States exporting approximately 85 million tonnes in total.

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