Page 57 - UKRRptApr21

Black Sea grain prices are at seven-year high: corn at $260-267 a ton, wheat at $281-288 a ton, and barley at $256-$263 a ton, reported Reuters. In the last marketing year, Ukraine exported 57mn tons of grain. This year, the government predicts exports could decline to 45.4mn tons – a 20% drop. Dragon Capital wrote: “The recent surge in global grain prices should at least partially offset weaker volume exports.”
High grain prices may partly cancel out falls in volume shipments. In the eight months since the grain marketing year started July 1, grain exports fell 22%, reported the Economy Ministry. Corn is down 30%, to 13.8mn tons. Wheat is down 17%, to 13.7mn tons. Barley is down 2%, to 4mn tons.
57 UKRAINE Country Report April 2021 www.intellinews.com