The countries that will cover the shortage of Ukrainian grain on world markets have been named
Barley
Wheat
Ukraine
Published Jul 3, 2022
Tridge summary
The export potential of Ukraine in 2022/23 MR will be significantly reduced compared to previous periods. In this regard, the main buyers of Ukrainian grain will switch to other markets. Grain market analyst UkrAgroConsult Maryna Marynych told about this, writes agronews.ua. According to her, Indonesia, which was the main importer of wheat from Ukraine, predicts that in 2022/23 MR, an increase in consumption and, as a result, imports is expected.
Original content
The export potential of Ukraine in 2022/23 MR will be significantly reduced compared to previous periods. In this regard, the main buyers of Ukrainian grain will switch to other markets. Grain market analyst UkrAgroConsult Marina Marynych told about this, agronews.ua writes. According to her, Indonesia, which was the main importer of wheat from Ukraine, predicts that in 2022/23 MR, an increase in consumption and, as a result, imports is expected. The blockade of Ukrainian ports in the Black Sea makes trade over such a long distance almost impossible. Most likely, Indonesia will replace the Ukrainian origin in its "portfolio" with a more accessible one from the point of view of logistics. "Egypt produces wheat independently, but the harvest volume is not enough to meet its own needs, so it has to be imported. The Black Sea origin is the most advantageous in terms of the "price-quality" ratio, and the attractive price is achieved due to geographical proximity. Due to the increase in ...
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes.
To learn more about our cookies, please read our Privacy Policy.