Elena Larina / Shutterstock.com

News Grains and raw material

Ukraine's grain exports are starting to falter

9 December 2022 - Jesse Torringa

Exports passing through the agreed grain corridor in Ukraine have continued to be sluggish since the extension of the grain deal last month. For example, 20% less wheat was exported in November compared to October. Slow ship inspections are mainly the reason for this.

Would you like to continue reading this article?

Become a subscriber and get instant access

Choose the subscription that suits you
Do you have a tip, suggestion or comment regarding this article? Let us know

According to the Ukrainian Organization of Grain Traders (UGA), 5 million tons of grains and oilseeds were exported by Ukraine in November. Exports that explicitly went through the grain corridor amounted to 2,3 million tons. Compared to October, this is 1,2 million fewer, when 3,5 million tons of grain and oilseeds were exported via the grain corridor. Exports across the mainland are in line with previous months.

Russia is bothering you
The number of daily ship inspections remains very low with an average of 3,5 for incoming ships and 3 for outgoing ships in the month of November. The Russian side is deliberately slowing this down, Ukrainian infrastructure minister Yuriy Vaskov told a meeting on December 7. It was also stated that as of December 7, 75 incoming ships and 27 outgoing ships were awaiting inspection.   

There is enough efficiency to load 40 to 45 ships per week from the grain corridor. Currently it has dropped to an average of 24 ships. In order to speed up the entire grain corridor, Ukraine would prefer to see the inspection of outgoing ships disappear.

A total of 9 million tons of grain have been exported until December 19, a decrease of 32% compared to last season. Then exports on this date amounted to 28 million tons. In total this concerns 7,2 million tons of wheat, 1,5 million tons of barley, 10,2 million tons of corn and some other products such as rye. It is unclear how much volume has been exported this year and what comes from the 2021 harvest.

Call our customer service +0320 - 269 528

or mail to supportboerenbusiness. Nl

do you want to follow us?

Receive our free Newsletter

Current market information in your inbox every day

Login/Register