Ukraine grain exports at 3.3 mln T so far in 2023/24 - ministry

Credit: REUTERS/MEHMET CALISKAN

KYIV, Aug 16 (Reuters) - Ukraine's grain exports have totalled 3.3 million metric tons so far in the 2023/24 July-June season, Agriculture Ministry data showed on Wednesday.

The ministry gave no comparative figures for the same period a year earlier but said shipments were at 2.99 million tons as of Aug. 19, 2022.

Exports have been affected since Russia quit a U.N.-backed grain deal last month but the ministry's data did not give a breakdown on exports since the deal collapsed.

The ministry said Ukraine had exported 1.03 million tons of grain in August.

The total volume of grain exports this season included 1.6 million tons of corn, 1.3 million tons of wheat and 397,000 tons of barley.

Exports for the entire 2022/23 season were almost 49 million tons, exceeding the previous season's 48.4 million tons.

Most of the volume was exported via deep Black Sea ports under the deal brokered by the United Nations and Turkey last July to tackle a global food crisis worsened by Russia's invasion of Ukraine and blockade of Ukrainian ports.

However, Russia left the deal on July 17 after saying its demands to ease sanctions on its own grain and fertilizer exports had not been met. Russia also complained that not enough grain had reached poor countries.

A major grain grower and exporter, Ukraine's grain output dropped to about 55 million tons in clean weight in calendar 2022, down from a record 86 million tons in 2021.

The ministry has said the crop could total about 56 million tons of grain in 2023.

(Reporting by Pavel Polityuk; editing by Robert Birsel)

((pavel.polityuk@tr.com; +380 44 2449150; Reuters Messaging: pavel.polityuk.thomsonreuters.com@reuters.net))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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