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Export of Ukrainian wheat in 2007/08 MY can total 4 mln tonnes
According to preliminary forecasts in 2007/08 My gross wheat harvest will total 13.7 mln tonnes in Ukraine. At that export potential of this grain can total 4 mln tonnes, informed expert of information-analytical agency, during the second Trading Summit: grains and oilseeds in Antalya on March, 9.

According to them reduction in wheat production will occur due to decrease of yield in new season owing to factors of economic as well as weather-climatic character. However, such harvest taking into account sufficiently high expected carry-over stocks will be enough to cover domestic food needs, and export potential of wheat will total 4 mln tonnes.

According to State Statistics Committee data in 2006 Ukraine saw reduction in wheat harvest by 25.4% as compared to 2005 - to 13.9 mln tonnes. From the beginning of the current season (July 2006) till January 2007 export of Ukrainian wheat totaled 2.38 mln tonnes (against 4.3 mln tonnes in July-January 2005/06 MY). We remind that in 2006 Ukrainian Government introduced quotas for grains export. Quota for export of wheat totaled 3.000 tonnes till the end of the current marketing year. In February Cabinet of Ministers accepted additional quota for export of wheat in the volume of 228.000 tonnes in order to unload port elevators.
MGR Archive 11.3.2007
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Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
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