Ukrainian grain exports to the EU returned to pre-war levels
Rape Leaves
Grains, Cereal & Legumes
Ukraine
Supply Chain Management
Market & Price Trends
Published Mar 28, 2024
Tridge summary
Ukraine's grain exports to the European Union have returned to pre-2022 levels, with a significant portion now being transported by sea. According to Ukraine's Ministry of Agrarian Policy and Food, out of 17 million tons of agricultural exports this year, 12 million tons were shipped through the Odesa ports, nearly 3 million tons via the Danube, and 2 million by land, mainly by rail through EU countries. Minister Mykola Solsky emphasized the efficiency and cost-effectiveness of sea exports over land routes and assured that Ukrainian agricultural exports do not adversely affect EU markets, sometimes even helping to stabilize prices. He advocated for unrestricted trade with the EU, arguing that any limitations would economically weaken Ukraine and impede the collective effort to overcome the conflict with Russia.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
Ukraine’s grain exports to the EU have returned to pre-2022 levels. For almost a year now, Ukraine has not been supplying wheat, sunflower, corn, and rapeseed to neighboring countries, and the vast majority of its agricultural exports are exported by sea. This was reported by the press service of the Ministry of Agrarian Policy and Food of Ukraine. During the EU Council on Agriculture, Minister of Agrarian Policy of Ukraine Mykola Solsky noted that since the beginning of the year, about 12 million tons of 17 million tons of agricultural exports have gone through the ports of the large city of Odesa, almost 3 million tons have been shipped by the Danube, and only 2 million by land, mostly by rail, through neighboring EU countries. “We transit through Poland in a month as much as we export through Ukrainian seaports in one day. Now the cost of exports from Ukraine by sea is much more competitive than by land,” added Mr. Solsky. He emphasized that the export of Ukrainian agricultural ...
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