Russia, Ukraine, Kazakhstan to Ship Less Grain, Researcher Says

Grain exports from Russia, Ukraine and Kazakhstan are set to fall in the second half of the current marketing year compared with the first six months, according to UkrAgroConsult.

Shipments from the Black Sea region’s main exporters may decline to about 24 million metric tons from January through the year’s end on July 1, Olena Loshkaryova, a grain analyst at the Kiev-based agricultural researcher, said today by phone. Exports, including corn, wheat and barley, were about 31 million tons in the first half, she said.

Russia’s grain exports may be between 6 million and 7 million tons in the first six months of 2012, according to Loshkaryova. Kazakhstan shipped 4 million tons of grain, including flour, from September through December and will probably export another 5.5 million tons from January through August, she said.

Ukraine is unlikely to be able to ship about 2 million tons of grain a month through May, Liza Malyshko, an analyst at UkrAgroConsult, said by phone. The country may fall short of the 21 million tons of exports forecast for the marketing year, she said. Exports totaled about 9 million tons from July to December.

To contact the reporter on this story: Kateryna Choursina in Kiev at kchoursina@bloomberg.net

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net

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