Ukrainian grains export digest June 2017

11 July 2017

Ukrainian grains export in June 2017 made close to 2.8M tons, which means that as a whole in MY2016/17 Ukraine exported record-high 43.8M tons, much higher vs. previous record slightly more than 39M tons set in previous season.

As for June results breakdowns, Ukrainian corn export in June made almost 2M tons (vs. less than 1M tons in June 2016), wheat 734k tons (1.2M tons), barley 100k tons.

In money terms Ukrainian grains export in June made USD 446M (vs. USD 602M in May and 547M in April).

In total in MY2017/17 Ukraine exported 17.5M tons of wheat (vs. 16.9M tons in MY2015/16), 20.7M tons of corn (17.4M) and 5.35M tons of barley (4.4M tons).

As a reminder, in current season total Ukrainian grains output was record-high and is estimated (by official statistics) at 66M tons (vs. 60M tons in My2015/16). Initially export potential was estimated by various sources at 39-41M tons. So factual grains export already exceeded even the most optimistic expectations (which can also mean that factual size of Ukrainian grains crops was higher than even record-high official figures).

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