Uncertainty over Ukrainian grain exports in 2023/24

Updated Nov 20, 2023
The French Ministry of Agriculture collects this data in a report on the evolution of the cereals market in France and worldwide in 2022/23 and the outlook for 2023/24. Of those 32 million tons targeted by the CIC, 12 million tons would be wheat (-29.9% compared to the previous campaign), 18 million tons would be corn and 1.8 million would be barley. The French note also includes data from the Ukrainian Ministry of Agriculture itself on exports carried out in the first months of the campaign. As of October 23, 8.3 million tons of cereals had been sold abroad, 29.7% less than in the same period of the previous year. Of that volume, 4.2 million tons correspond to wheat (-7%), 3.2 million to corn (-49%) and 700,000 tons to barley (+31%). Regarding the 2022/23 campaign, the data show the strong increase in exports of Ukrainian wheat and corn to the EU, to the detriment of other traditional destinations, such as certain markets in Asia and Africa. In the case of wheat, sales to the EU ...
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.