According to preliminary information from trade sources, Ukraine has realized roughly 90% of its wheat export potential for this season by the middle of April.
2018/19 wheat exports from Ukraine have almost reached 14 MMT. Black Sea wheat lost price competitiveness in the export market in the second half of the season.
As for prospects for 2019/20 season, when a bumper wheat crop is expected in Ukraine, there is a number of limits on the traditional consumer markets. It may put at risk the realization of Ukraine’s record export potential, reports UkrAgrpoConsult.
Thus, ahead of the new season 2019/20, Ukraine’s grain growers and government face a number of important tasks to solve before this year’s massive grain arrival to the market. The task for the government consists in establishing new contractual relations with key importers, while that for growers lies in producing better-quality grain to avoid such restrictions from buyers.
According to port data, in March 2019 Romania exported 453.6 KMT of corn