It became known how much grain Ukraine plans to export for the 2024/2025 season

Published Jun 16, 2024

Tridge summary

Ukraine is set to lead in agricultural exports in the 2024 marketing year, with an expected export of over 60 million tons of grain and oil crops and their processed products. This includes 55.8 million tons of grain crops like wheat, barley, and corn, and 22 million tons of oil crops such as rapeseed, sunflower, and soybean. The country's record soybean production of 5 million tons is anticipated. Germany has committed to supporting Ukraine in exporting at least 7.2 million tons of agricultural products per month in 2024. Despite two years of war, Ukraine's agricultural market has achieved balance, attributed to the resilience of producers and improvement in logistics.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the next marketing year, which will begin in July 2024, Ukraine can export more than 60 million tons of grain and oil crops and their processing products. Taras Vysotskyi, Acting Minister of Agrarian Policy and Food of Ukraine, announced this. These figures leave Ukraine among the world leaders in agricultural exports. The government official noted that Ukraine remains the leader in agricultural exports. After two years of full-scale war, it was possible to equalize the market balance of production and export of the main agricultural crops. This became possible thanks to the sustainability of agricultural producers and the development of logistics. According to the forecast of the Ministry of Agriculture, the production of grain crops from the new harvest will amount to almost 56 million tons. Of them, wheat - 21 million tons, barley - about 5 million tons, corn - 28.5 million tons. The total export of cereals is forecast at the level of 43 million tons. In particular , wheat – ...
Source: Agropolit
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