Ukraine grain exports at 1.5MT in March

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KYIV- Ukraine’s grain exports so far in March have totaled 1.54 million metric tons versus 1.93 million tons in March 1-13 of last year, agriculture ministry data showed on Monday.

Ukraine’s grain exports in the 2023/24 July-June marketing season have fallen to around 31.2 million tons from 34.2 million a year earlier, the ministry data showed.

Exports so far this month have included 12.5 million tons of wheat, 16.7 million tons of corn and 1.76 million tons of barley.

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Ukraine has traditionally exported around 95 percent of its grain via its deep-water Black Sea ports.

In February, Ukraine exported 5.8 million tons of various grains, 11.5 percent more than a year ago. The ministry gave no explanation for the increase.

The Ukrainian government expects a harvest of 81.3 million tons of grain and oilseeds in 2023, with a 2023/24 exportable surplus of about 50 million tons. -Reuters

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