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New negative signs regarding Ukrainian grain exports

Ukraine
Published Dec 7, 2022

Tridge summary

Ukraine is likely to reduce its winter grain exports in the 2023/24 farming season due to lower-than-expected acreage due to the Russian invasion, a senior Ukrainian agriculture official said.

Original content

Ukraine is one of the world's leading producers and exporters of grain, but its output and exports have fallen due to hostilities in many regions. "Unfortunately, the war had a negative effect on the possibility of autumn sowing of the areas. There were also unfavorable weather conditions, and they sowed less," Taras Vysotskyi, first deputy minister of agriculture, told Ukrainian national television. According to the ministry's data, farmers sowed autumn grain on 4.5 million hectares by November 29, which is 94% of the expected area. The sown area was 3.8 million hectares of winter wheat, compared with 6.2 million last year, of which only 4.6 million hectares were harvested as large areas were occupied by Russian troops who invaded Ukraine in February. "The decrease in cultivated areas will reduce exports, but even with such a large area, we expect that cultivation will be twice as much as domestic consumption. This will have a negative impact on exports, but not on domestic ...
Source: AgroForum
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