Mass harvesting of early cereals and pulses is under way all over the country. The harvest of wheat and barley is already more than half-complete. As of July 19, winter wheat had been harvested from 62% of its area in the country. Yields are lower than last year in most regions of Ukraine, but they show gains in some of its central and western parts.
The U.S. Department of Agriculture (USDA) in July lowered the forecast for wheat, maize and rye production in Ukraine in the 2018/2019 marketing year.
The facility will be used to finance the Company’s working capital needs associated with purchase of commodities in Ukraine and exports to the global market.
Ukraine exported almost as much flour in July-May 2017/18 as in the whole of the 2016/17 season: 406.5 KMT against 407.6 KMT, respectively. As a reminder, the current season sees the fastest pace of exports since MY 1996/97, reports UkrAgroConsult.
Ukraine exported 38.5 thousand tonnes of rye in the 2017/18 marketing year, which is the highest figure over the previous four seasons, APK-inform reports.
Ukrainian grain trading company Nebulon is to invest $2 billion to build new grain silos and transportation barges in Egypt’s Nile Delta region, the Egyptian supply ministry said on Sunday.
Ukraine supplied some 1 MMT of wheat to foreign markets in May 2017/18. This was down 10% from April (1.1 MMT) but up 2% from May 2016/17 (986.8 KMT).