News

Not a single grain of Ukrainian wheat has remained in Romania since October

Wheat
Grains, Cereal & Legumes
Romania
Market & Price Trends
Published Feb 23, 2024

Tridge summary

Romania has emerged as the second largest importer of Ukrainian wheat, with one million tons imported this season. Despite this, Ukrainian wheat exports have seen a 4% decrease overall, totaling 10.3 million tons since July 1 last year. The primary export destinations include Spain, Egypt, Pakistan, and Turkey. However, Romanian farmers have expressed concerns over the influx of Ukrainian grain exports, arguing that it disrupts the market, lowers crop prices, and escalates transportation costs.
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

Grain traders imported one million tons of Ukrainian wheat to Romania this season, making Romania the second most important export market for Ukrainian wheat after Spain (3.3 million tons), the Romanian economic portal Economica.net reported, citing data from the Ukrainian customs authority. In the market year that started on July 1 last year, Ukrainian wheat exports decreased by 4 percent to 10.3 million tons compared to the previous season. Egypt (788,000 tons), Pakistan (696,000 tons) and Turkey (615,000 tons) are the destination countries for wheat exports. Romania no longer appears in the data detailing Ukrainian wheat exports in February, the most important destination countries are Pakistan, Egypt, Tunisia and Turkey, MTI said. According to the series of data originally published on the London-based Agricenzus.com portal, total Ukrainian grain exports in this commercial season amounted to about 26.5 million tons by mid-February, which is an 11 percent drop compared to the ...
Source: AgroForum
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