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Ukraine exported 17 million metric tons of grain from July 1, 2009, the beginning of the current marketing year, and March 11 this year, practically the same amount as in the corresponding period in the previous marketing year, the Agriculture Ministry said Tuesday.

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Grain stocks in Ukraine on March 1 totaled 12.8 million metric tons, a fall of 21% on the year, the state statistics committee said Tuesday. The grain stocks included 5.8 million tons of wheat, 3.1 million tons of barley, 2.4 million tons of corn and 600,000 tons of rye.

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Cold weather is preventing Ukrainian farmers from planting spring grains, which may lead to a reduction in the barley-planted area and an increase in the areas planted with corn and sunflower, the UkrAgroConsult market analyst said Tuesday.

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Ukraine exported 16.557 million metric tons of grain between the beginning of the current marketing year July 1, 2009 and March 2 this year compared with 16.307 million tons in the corresponding period in the previous marketing year, the Agriculture Ministry reported Friday.

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There have been long delays in exports of wheat from Black Sea ports due to heavy snow and cold weather in the growing regions and this is preventing any further fall in prices despite ample supplies, trading executives said Wednesday.

“Shipments scheduled for January spilled over to February and those for this month into March,” said an exporter based in Ukraine.

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Ukraine’s grain export in January-June, the second half on the 2009-10 marketing year, is likely to total 6 million metric tons, the Ukraine Agrarian Confederation said Friday.

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Sugar futures may jump 39 percent by August, extending the sweetener’s rally to its highest level in 30 years amid global supply shortages, Commerzbank AG said.

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Ukraine exported in July-December, the first six months of the current marketing year, 6.9 million metric tons of wheat, 4% more than in the corresponding period in the previous marketing year, the agriculture ministry reported Monday.

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Wheat futures fell in the last minute of trading in Chicago, erasing earlier gains, as rising global inventories are expected to overwhelm demand for the grain.

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Due to populism and poor government policies, the pace of development is extremely disappointing. Ukraine has recovered its reputation as the breadbasket of Europe by posting record harvests in recent years, more than 52 and 48 million tons of grain in the past two seasons, respectively. Moreover, investment into the sector has increased sharply. However, I think that the pace of development is extremely disappointing and that Ukrainian governments did everything possible with poor policies to slow it down. Had they not, Ukraine’s agriculture sector would already be generating much larger harvests and at least twice as much value as it generates today.

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22.01.2010 14:07

International Grain Council: GRAIN MARKET REPORT as of 21-Jan.2010

22.01.2010 14:07

World grain and oilseed export prices mostly posted net declines over the past two months, but rice values rose sharply. Market activity was frequently light during the holiday period and technical trading and movements in currencies influenced prices.

22.10.2009 11:06

Ukraine: Fall Dryness for 2010/11 Winter Grains

22.10.2009 11:06

Ukraine: Fall Dryness for 2010/11 Winter Grains

Conditions for a portion of Ukraine’s 2010/11 winter grains have been alarmingly unfavorable due to persistent dryness. Weather data and satellite imagery indicate that both surface and subsurface moisture during August and September were the lowest in recent years. Although the situation has improved following rainfall in late September and early October, the earlier dryness hampered the emergence and establishment of winter crops in significant areas of southern and eastern Ukraine. Subsurface moisturereserves remain significantly below normal. (View surface-wetness graphs of southern, eastern, and central Ukraine.)