Bloomberg News

Ukrainian Grain Exports Decline 37%, Researcher ProAgro Says

February 20, 2012

Feb. 20 (Bloomberg) -- Ukrainian grain exports fell 37 percent in this month’s first 15 days, ProAgro said, citing figures obtained from ports.

Shipments dropped to 518,720 metric tons from 818,350 tons a month earlier, the Kiev-based agricultural researcher said in an e-mailed statement today. Deliveries slid 24 percent for corn and 55 percent for wheat.

Corn exports declined to 417,210 tons from 547,390 tons a month earlier, according to ProAgro. The grain was exported to countries including Egypt, South Korea, Taiwan, Germany and Iran.

Wheat exports fell to 86,480 tons, and the grain was shipped to nations including Jordan, Italy and Israel, the researcher said.

About 1.2 million tons of grain, including 835,900 tons of corn, 344,800 tons of wheat and 47,500 tons of barley, will be shipped soon, according to ProAgro.

Rapeseed exports tumbled 72 percent to 11,500 tons from 41,510 tons a month earlier, the researcher said. The oilseed was exported to Portugal, and another 11,500 tons will be shipped soon, the statement showed.

Sunflower-oil exports slipped 2.6 percent to 99,500 tons from 102,120 tons, ProAgro said.

--Editors: Dan Weeks, Nicholas Larkin.

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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