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Wheat export volumes have been agreed

20/ 10/ 2021
  The European Business Association announces that the maximum export volumes of wheat for the 2021/2022 marketing year were approved. According to the annex to the Memorandum, the maximum volume of wheat exports was agreed at the level of 25.3 million tons (for all classes). This document is one of the factors in maintaining the balance between domestic grain consumption and export opportunities. Stability and predictability are key priorities for Ukraine and one of the main factors of national and food security. For reference: A Memorandum of Understanding between the Minagropolicy and the grain market participants in the 2021/2022 marketing year was signed on 5 July 2021. This document includes interaction mechanisms for the participants of the grain market, exchange of information on grain export prospects, monitoring the functioning of the grain market. According to the Minagropolicy, wheat ranks third in the commodity structure of Ukrainian agricultural exports. In January-July 2021, the share of wheat exports in the commodity structure of international trade in agricultural products was almost 13,9%.  

The European Business Association announces that the maximum export volumes of wheat for the 2021/2022 marketing year were approved. According to the annex to the Memorandum, the maximum volume of wheat exports was agreed at the level of 25.3 million tons (for all classes).

This document is one of the factors in maintaining the balance between domestic grain consumption and export opportunities. Stability and predictability are key priorities for Ukraine and one of the main factors of national and food security.

For reference:

A Memorandum of Understanding between the Minagropolicy and the grain market participants in the 2021/2022 marketing year was signed on 5 July 2021. This document includes interaction mechanisms for the participants of the grain market, exchange of information on grain export prospects, monitoring the functioning of the grain market.

According to the Minagropolicy, wheat ranks third in the commodity structure of Ukrainian agricultural exports. In January-July 2021, the share of wheat exports in the commodity structure of international trade in agricultural products was almost 13,9%.

 

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