News from Russia and Ukraine

In 2017, grains yield in Ukraine will be 60.9 mln tons, which is 7.7% less than last year, according to a UkrAgroConsult forecast.

The expectations were of 60.2 mln tons in the previous forecast. Wheat yield will grow by 3% to 24.2 mln tons versus a previous forecast of 23.5 ml tons. Corn yield will be 25.5 mln tons (-8.9%) while barley yield will be 8.5 mln tons (-9.6%). Over the season, grain export will be 38.8 mln tons (-3.7%). Corn export will grow by 19 mln tons (18.5 mln tons in the current year), barley export will grow by 4.4 mln tons (5.2) and wheat export will grow by 14.5 mln tons (-9.4%). Over the current season, grain export will reach 41.6 mln tons and 34.13 mln tons of grains have been exported since the start of the season.

According to information from APK-Inform, between April 1 and April 7,  860,100 tons of grains were exported from Ukrainian sea ports versus 739,700 tons a week earlier. Export included 258,800 tons of wheat, 493,100 tons of corn and 108,200 tons of barley. Egypt with 299,000 tons, Spain with 106,000 tons and Italy with 57,000 tons were the biggest buyers.

According to information from APK-Inform, Between 31.03 and 06.04.2017, 568,700 tons of grains were exported from Russian sea ports versus 756,000 tons a week earlier. Export included 430,300 tons of wheat, 120,300 tons of corn and 18,100 tons of barley. Vietnam with 102,200 tons of grains, Turkey with 54,000 tons and Yemen with 50,900 tons were the biggest buyers.

Between the start of the season and 5.04.2017, 28.703 mln tons of grain were exported from Russia including. 22.186 mln tons of wheat, 2.322 mln tons of barley and 3.992 mln tons of corn. Export has been 0.1% lower than last year – 28.745 mln tons.