Agrinews

March 13, 11:00 Source: APK-Inform Views: 159

By 2021, the share of Ukraine, Russia and Kazakhstan on the world grain market to increase to 22% - expert

According to the USDA, by 2021 the share of Ukraine, Russia and Kazakhstan on the world grain market will grow from the current level of 14% to 22%, announced Alan Bouillon, Head of the analysts team of InformaAgro, on March 12.

At the same time, maize will become the basic grain export item for Ukraine, and wheat - for Russia and Kazakhstan, he said.

According to the expert, China, the countries of Africa and the Middle East will become the main markets of grain selling from the reporting countries.

A.Bouillon also expects for the significant increase of soybean exports from Ukraine in the following 10 years.

By 2023 the export volumes of the Ukrainian oilseed may increase by 65% - to 3.2 mln tonnes, said the expert.

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