Ukraine exported 2.17 million tons of grains, legumes, oilseeds, and by-products in June, which is 470,000 tons or 25% more than in the previous month, according to the latest data from Ukraine’s ministry of agriculture. This is another enormous increase and corresponds to a quadrupling of the export quantities of agricultural goods overland since the beginning of the war, said soy promotion organization, Donau Soja.
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Soybean shipments totaled 71,000 tons in June, compared with nearly 67,000 tons exported in May 2022, it reported. “Thus, soybean exports from Ukraine in the first half of the year reached the level of the previous year. Around 500,000 tons were exported to Western Europe by land and via inland shipping, including on the Danube river,” noted Volodymyr Pugachov, a representative of Donau Soja’s offices in Kyiv. That organization expects Ukrainian farmers to produce around 650,000 tons of sustainably certified non-GM soy in 2022. And, according to UkrAgroConsult, sun seed, sun oil and meal exports from Ukraine last month also saw an increase, with the higher volumes a result of exporters overcoming logistical problems. Grain markets took a knock yesterday, reported CRM Agri, with the oilseed and grain market specialists citing growing concerns of a recession in the US. Crude oil markets continued to come under pressure on Wednesday, amid the fears of weaker economic growth, they ...
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