The share of corn in the grain corridor in Ukraine has almost halved

Published 2022년 10월 5일

Tridge summary

From August 1 to September 30, 5.5 million tons of agricultural products, predominantly grain and corn, were exported from Ukraine through the ports of 'Great Odesa', with 40% of the cargo leaving from the 'Pivdenny' port. The majority of the cargo consisted of corn (44%) and wheat, with significant increases in shipments of barley, canola, oils, and meals in September. Africa, the Middle East, Southeast Asia, and Turkey were the main recipients of wheat, making up 27% of total wheat shipments. The establishment of the grain corridor is expected to further boost Ukraine's grain exports, which are already projected to generate at least $20 billion due to reduced yields in Romania and Hungary, potentially leading to corn shortages in the European Union.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

From August 1 to September 30, 5.5 million tons of agricultural products were shipped on 241 ships through the ports of "Great Odesa". About 40% of the cargo left the "Pivdenny" port, reports the press service of the Ministry of Agrarian Policy and Food of Ukraine. Follow the news in a convenient format: Follow us on Twitter In August, 1.62 million tons of grain and processed products were exported through the corridor, and in September - 3.9 million tons. Among the cargoes that left the ports of "Great Odesa" in two months - corn - 44%, the share of wheat exceeds 28%. In September, compared to August, the share of corn fell from 61.4% to 37.2% of all cargoes, mainly due to a sharp increase in shipments of barley, canola, oils and meals. The share of wheat in cargo sent through the corridor increased from 21.2% in August to 31.3% in September. During the two months of operation of the corridor, 1.55 million tons of wheat were shipped, of which 72% went to countries in Africa, the ...
Source: Landlord

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
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.