Ukrainian Grain Exports Declined 13% in February, ProAgro Says

Ukrainian grain exports from ports fell 13 percent last month to 1.67 million metric tons, researcher ProAgro said, without giving a reason.

The total compares with the 1.91 million tons shipped in January, the Kiev-based agricultural researcher said in an e- mailed statement today.

Deliveries of corn slid to 1.19 million tons from 1.34 million tons, according to the statement. Egypt was the largest buyer, purchasing 290,600 tons of the grain, followed by Iranian imports of 139,500 tons, ProAgro said.

Ukraine-grown corn bound for Japan is being delivered with a delay, the researcher said. Corn contracted for this month will be delivered in April, it said.

Exports of the grain from Ukraine in the current marketing year running through June will come to 13 million tons, according to ProAgro.

Wheat shipments declined to 442,780 tons last month from January’s 484,680 tons and went mainly to Egypt and Israel, ProAgro said. Deliveries to Egypt more than doubled to 187,360 tons, it said. Exports of the grain from Ukraine in the current marketing year will be no higher than 6 million tons, according to the researcher.

Another 998,180 tons of corn, 199,650 tons of wheat and 132,500 tons of barley will be exported from Ukrainian ports soon, ProAgro said.

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

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.