Ukraine’s 2023/24 Grain Exports Reach 42 Million Tons So Far

According to data from the Ukrainian agriculture ministry, the country’s grain exports in the 2023/24 marketing season had reached almost 42 million metric tons as of May 6. This is compared to 42.6 million tons exported as of May 8, 2023.

The exports so far this season have included 16 million tons of wheat, 23.3 million tons of corn, and 2.2 million tons of barley. Ukraine typically sends about 95% of its grain exports via its Black Sea ports.

The Ukrainian government expects a harvest of 81.3 million tons of grain and oilseeds in 2023, with a 2023/24 exportable surplus of about 50 million tons. However, the ministry has said the 2024 combined grain and oilseed crop could fall to 74 million tons, including 52.4 million tons of grain.

The latest data shows that so far in May, Ukraine has exported 624,000 tons of grain. This comes as the country continues to face challenges in exporting its agricultural products due to the ongoing conflict with Russia.

Despite these obstacles, Ukraine remains a major global exporter of grains, playing a crucial role in global food security. The ministry’s figures provide a snapshot of the country’s export performance so far in the current marketing season.

Ukraine’s 2023/24 Grain Exports Reach 42 Million Tons So Far
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