FAO and Japan go to the aid of Ukraine to allow it to increase storage and exports of grain

Published 2022년 7월 6일

Tridge summary

The United Nations Food and Agriculture Organization (FAO) and Japan have committed $17 million to help Ukraine improve grain storage and increase exports. This comes as Ukraine struggles to export its current harvest and last year's stored grain due to logistical challenges, currently managing to export about 2 million tons per month. In June, Ukraine saw a significant increase in exports of wheat, corn, barley, sunflower seeds, and sunflower oil, exporting 1.7 million tons more in June compared to May.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

FAO and Japan intervene in favor of Ukraine. Japan is spending $ 17 million to allow Ukraine to store grain and increase exports. "The funds - writes in his report the analyst of international markets Sandro Puglisi citing the United Nations Food and Agriculture Organization (FAO) - would help Ukraine to store the products of the current July harvest- August in plastic sleeves and modular containers ". According to FAO, Ukraine still has 18 million tons of last year's grain and oilseed crop locked in storage and the country expected to collect another 60 million tons this season. Puglisi says Ukraine, which shipped 44.7 million tons of cereals in 2020/21, is trying today to export its crop by road, rivers and rail, but logistical difficulties limit volumes to a maximum of around 2 million tons per month. FAO has said it will use funds from Japan to help Ukraine operate these alternative grain export routes. Puglisi also provides us with some export data. Ukraine exported 138,000 ...
Source: Inuovivespri

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