Grain news from Ukraine, Brazil, and Syria

Published Dec 31, 2020

Tridge summary

Ukraine saw a significant increase in corn exports, with over 20% growth reaching more than 1 million tons in the week ending December 24, despite being 20% lower than 2019. Wheat exports were steady at over 150,000 tons, totaling 12.4 million tons, but below last year's figures. Barley exports increased by 1% from last year, totaling 3.7 million tons.

Brazil experienced a six-year low in soybean exports, with only 181.5 million tons exported in the first three weeks of December, the lowest since December 2014. Despite this slowdown, demand from China is expected to drive growth in the coming year. Brazil also set a record for corn exports in December, increasing by 500 thousand tons to a total of 4.41 million tons.

Syria's wheat crop grew by 27% from last year, reaching nearly 3 million tons, but falls short of the 4.7 million tonnes required to meet demand. Barley harvest was sufficient to meet domestic demand, with a 13% increase in yield and additional stock from the previous year.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In Ukraine, corn exports increased inconsistently; In Brazil, soybean exports have been at a low point for many years; Syria has a deficit despite high growth. Year-end grain and crop news from around the world. Ukraine's corn exports grew significantly, by more than 20 percent, and rose above 1 million tons in the week ending December 24, the Ministry of Agriculture of our eastern neighbor reported recently. With this, it is already at 9 million tons since the beginning of the marketing year from the middle of summer, but it is still one-fifth lower than in 2019. (China has already seized millions of tons of corn from Ukraine by 2021, and the total purchase estimate for the Ukraine-China route was 6-7 million tons by 2021. In the calendar year 2020, Ukraine has already exported 6.5 million tons of corn to China. , an additional 675,000 tons are expected to be shipped in December.) Ukraine 's weekly wheat exports are steadily exceeding 150,000 tons, for a total of 12.4 million, ...

Source: Agraragazat