Ukraine to realize its export potential in the current season – expert
According to the operative statistics data, Ukraine already exported over 25 mln tonnes of grains and pulses, which forms 79% of the forecasted export potential of the grain market (31.7 mln tonnes) in 2013/14 MY, declared Rodion Rybchinskiy, Head of Business Projects Division of APK-Inform Agency, during his report at the roundtable discussion "Winter crops condition and prospects for spring crops in 2014", held in Poltava on March 27.
The expert noted that the current rates of grain exports may completely ensure realization of the export potential, as during the remaining period until the end of the season Ukraine needs to supply 6.7 mln tonnes of grains on foreign markets only. At the same time, there are still 6 months until ending of the season for the main export crop - maize.
R.Rybchinskiy noted that realization of the export potential of some agricultural crops is still up in the air. In particular, in terms of the forecasted export potential of wheat at 9.5 mln tonnes, the shipments in the period of July-March totaled 7.3 mln tonnes, and in the remaining three months Ukraine still needs to export 2.2 mln tonnes of the grain, or over 0.7 mln tonnes per month. At the same time, the experience of previous seasons shows that usually wheat exports during last months of the season do not exceed the level of 200 thsd tonnes per month. Agrarians continue holding down wheat stocks, which also does not intensify the export trading, summed up the expert.
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February 22, 14:00