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Exports from Ukraine with a new decline

Износът от Украйна с нов спад
Exports of Ukrainian grain since the beginning of the marketing year (July 2023-June 2024) were down 26.7% year-on-year as of Dec. 4, according to the website of the Ministry of Agrarian Policy and Food of Ukraine.

"Actual grain export volumes from Ukraine from the beginning of the 2023/2024 marketing year to December 4 amounted to 13,402,000 tons, which is 26.7% or 4,874,000 tons less than the same period of the last marketing year ", the statement said

The ministry specified that 5,925,000 tons of wheat, 876,000 tons of barley, 900 tons of rye and 6,467,000 tons of corn have already been exported, while exports of wheat flour and flour from other crops decreased by 11%, or 6,500 tons, to 50 400 tons.

In the last marketing year (July 2022 - June 2023), Ukraine exported 49 million tons of grain, exceeding the previous year's exports by 1.3%.

After the termination of the grain deal in August, Ukraine announced the creation of "temporary corridors" in the Black Sea for grain exports. At the end of November, Kiev announced that almost 5.5 million tons of cargo had already been transported through them.

However, the UN noted that the Ukrainian "temporary corridors" could not replace the Black Sea grain deal, under which exports could reach 4 million tons in just one month.

In the spring, Bulgaria, Hungary, Poland, Romania and Slovakia banned the import of grain from Ukraine into their territory to avoid a collapse of prices on the domestic market. This was agreed with the European Commission (EC) only as a temporary measure and on 15 September the EC decided not to extend the embargo.

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