The export of agricultural products from Ukraine will exceed 60 million tons

Published Jun 18, 2024

Tridge summary

Ukraine is projected to export over 60 million tons of grain and oil crops, along with their processed products, in the next marketing year starting from July 2024, according to Taras Vysotsky, the Acting Minister of Agrarian Policy and Food of Ukraine. This puts Ukraine among the leading agricultural exporters worldwide. Despite two years of war, the country has managed to equalize production and export of its main crops, a feat attributed to the resilience of farmers and logistics development. The new harvest is predicted to yield nearly 56 million tons of grain, including wheat, barley, and corn, and 22 million tons of oil crops such as rapeseed, sunflower, and soybean. Exports of these crops and their products are anticipated to surpass 17 million tons.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the next marketing year (from July 2024), Ukraine can export more than 60 million tons of grain and oil crops and their processed products. These figures keep Ukraine among the world leaders in the export of agricultural products. Taras Vysotsky, Acting Minister of Agrarian Policy and Food of Ukraine, emphasized. "After two years of full-scale war, Ukraine managed to equalize the market balance of production and export of the main crops. This was possible thanks to the resilience of agricultural producers and the development of logistics. Ukraine ends the current marketing year 2023/2024 with ending stocks of agricultural products of the average level, as it was before 2022. In the next market year, the export of agricultural products will exceed 60 million tons. And this shows that Ukraine remains a guarantor of world food security," said Taras Vysotsky. The new harvest is expected to yield nearly 56 million tons of grain. This includes 21 million tons of wheat, about 5 ...
Source: Sinor
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