a-fall-that-pleases-trade-representative-says-sunflower-exports-fell-by-86percent

"A fall which is good news": trade representative says sunflower exports fell by 86%

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Ukraine exported 69.86 million tons of grains, oilseeds and oil in the 2023/24 marketing year, increasing exports of wheat, corn, sunflower oil, but significantly reducing exports of sunflower, which is "good news" because it means a return to the situation when sunflower is processed in Ukraine, said Deputy Minister of Economy - Trade Representative of Ukraine Taras Kachka, UNN reports.

Details

Mr. Kachka reminded that July 1 is the beginning of the new marketing year for grains and oilseeds and summarized the results of the year 23/24.

"So, we exported 69.86 million tons of grains, oils and oils. Wheat exports amounted to 18.43 mln tons, which is 9 percent more than in 22/23. Corn exports amounted to 29.41 mln tons, up 0.2% compared to the previous marketing year. Barley - 2.48 million, minus 8.5%. Soybeans - 2.98 million tons, also 8.2% up on the previous year. Rapeseed is 3.7 million tons and up 8.7%," the trade representative said on Facebook.

According to Kachka, 6.54 million tons of sunflower oil were exported, an increase of 22.8%. "Soybean meal amounted to 0.662 million tons, up 12.5%, and sunflower meal 5.15 million tons, up 29.1%," he added.

"And finally, a steep drop in exports, which is good news. Last marketing year, we exported only 324 thousand tons of sunflower. This is -86.3%. That is, we are returning to a situation where sunflower is processed in Ukraine," said Kachka.

Вантажоперевезення залізницею на експорт зросли більше ніж на половину - УЗ01.07.24, 14:27

Julia Shramko

Economy

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