Oilseed and grain exports from Ukraine are forecast to reach almost 40.4M tonnes in the 2015/16 marketing year, exceeding the previous season’s total of 39.3M tonnes, according to the deputy director of sales and purchases of grains Astarta–Kyiv Agro-industrial holding, Dmitriy Lyul’ko.
Lyul’ko made his forecast during a speech at the Middle East Grain Congress in the UAE on 23 February.
Even though Ukraine is expecting an export growth, it is projected that crop production in the country will fall from 74.7M tonnes to 73.8M tonnes in the 2015/16 season.
The main exports are expected to be corn (46%) and wheat (24%).
Lyul’ko said Spain would be one of the main buyers of Ukraine’s corn, with expectations that the country would take 24%, the Netherlands and Egypt would also be big buyers, taking 12% each.