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Ukraine has increased its export of agricultural products by more than a third

Seeds / Oil Seeds

Ukraine

Supply

Grain & Cereals

Vegetable Oil

Published Nov 9, 2024

Tridge summary

In October, Ukraine saw a 33.8% increase in agricultural exports compared to September, reaching 6.6 million tons. This growth was observed across all product categories, with cereal exports increasing by 33% to 4 million tons, led by corn, and oilseed exports rising by 27% to 1.2 million tons, predominantly from soybeans. Vegetable oil exports also surged by 38% to 590,200 tonnes, while meat meals saw an 82% increase to 474,300 tonnes, mainly sunflower meal. Corn became the leading grain export in October, surpassing wheat, and soybeans took over as the leading oilseed export, replacing canola.

Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In October, Ukraine increased its export of agricultural products by 33.8% compared to September to 6.6 million tons, with all product categories reporting growth, reported the Ukrainian Club of Agricultural Business. In the case of cereals, the increase compared to September was by 33% to 4 million tons, with corn accounting for approximately 49% of this amount, wheat - about 42%, and barley - 10%. The export of oilseed crops from Ukraine increased by 27% to 1.2 million tons, of which 57% soybean, 40% sunflower and only 1% rapeseed. Vegetable oils increased by 38% to 590,200 tonnes, including 82% sunflower oil, 11% rapeseed and 7% soybean, while in meal, Ukraine exports jumped 82% to 474,300 tonnes, 85% of which was sunflower meal. and 15% - soy. For ...

Source: Sinor