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Ukraine has started harvesting, but it is unclear how it will be exported

Ukraine
Published Jun 16, 2022

Tridge summary

This year's harvest in Ukraine will be very difficult: fighting is going on in the south and east, and Russian troops are stealing grain from the occupied territories. In addition, the drought will significantly reduce yields, and significant stocks from last year's harvest and blocked ports will hamper storage and sales. Winter barley was harvested in the Izmail district of Odesa region this week.

Original content

The representative of the Hydrometeorological Center T. Adamenko considers the weather conditions favorable for the formation of a good harvest of early cereals, despite some features of the current growing season. Sufficient moisture reserves have accumulated in the fields of the western, northern, north-eastern and central oblasts, but the drought in the south of Odesa region began and intensified in May and has now spread to some districts of Kherson, Zaporizhia, Dnipropetrovsk and Poltava oblasts. The head of the Department of Agrarian Policy of the Odessa Oblast Alla Stoyanova believes that this year due to the drought Odessa farmers will harvest 30% less grain than in 2021. Traders almost do not buy grain of the old harvest, as they try to export previously purchased, and the increase in the cost of logistics in 2-3 times does not allow to predict purchase prices, despite high quotations on world exchanges. Against the background of lack of demand from exporters, purchase ...
Source: Graintrade
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