Ukraine Increases Exportable Wheat Surplus, UkrAgroConsult Says

The Ukrainian government has increased its exportable wheat surplus to 5.5 million metric tons for the season which started July 1, agricultural researcher UkrAgroConsult said.

Ukraine’s shipment will not threaten food security, UkrAgroConsult said on its website today, citing Agriculture Minister Mykola Prysyazhnyuk. The country exports about 5 million tons a year on average.

“The government is not going to take radical steps not coordinated with traders to limit grain exports,” Kiev-based UkrAgroConsult reported, citing Prysyazhnyuk.

Ukraine has exported 4.1 million tons of wheat since July 1, UkrAgroConsult said.

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

To contact the editor responsible for this story: James M. Gomez at jagomez@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.