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Ukraine re-sells US, Argentine wheat imports
Prime-Tass, April 22, 2004
Ukrainian companies have resold recent shipments of U.S., Argentinean wheat to third countries due to the decline of wheat prices on the domestic market, the domestic analyst ProAgro said in a report released Thursday.
A shipment of 16,000 tonnes of Argentinean wheat was recently made to the port of Odessa, but it was immediately resold to Libya.

Earlier, a shipment of 57,200 tonnes of U.S. wheat was resold to a Moroccan buyer.

Ukraine is due soon to receive another 75,000 tonnes of wheat from Argentina. But the shipment is most likely to be resold to the Middle East or North Africa, ProAgro says.

Ukraine has imported around 3.5 million tonnes of wheat so far in the 2003-04 marketing year (July-June), and no further purchases are likely to follow in the coming months.

Ukraine, which was a big wheat exporter in the previous years, had to start wheat imports after its crops were badly hit by a string of unfavorable weather conditions last year.
Ukraine's 2003 wheat harvest was only 3.6 million tonnes, down from 20.5 million in 2002.
MGR Archive 23.4.2004
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