Ukraine - never knowingly undersold
Ukraine has no need to limit grain exports, both till the end of the marketing year and in the new marketing year (July-June), Deputy Agrarian Policy Minister Yaroslav Hadzalo told a meeting of the Cabinet's Coordination Council on Agricultural Policy.
He noted that the available grain stocks (8.6 million tons) and potential possibilities of Ukraine on grain transshipment allow forecasting additional exports of 2.2 million tons of grain by the end of the current marketing year, including one million tons of wheat, 0.5 million tons of barley and 0.7 million tons of corn.
As of May 5, Ukraine exported 1.5 million tons of grain.
Ministry of Agricultural Policy experts consider that such an export volume will not have an impact on the country's food security and will not bring to a grain deficit.
Hadzalo emphasized that there is no need to impose restrictions on grain exports in the new marketing year due to an expected yield to the volume of no less than 40 million tons. However, according to him, the state should make grain stocks to the volume of five million tons so that there will be no need of imposing export restrictions.
He noted that the available grain stocks (8.6 million tons) and potential possibilities of Ukraine on grain transshipment allow forecasting additional exports of 2.2 million tons of grain by the end of the current marketing year, including one million tons of wheat, 0.5 million tons of barley and 0.7 million tons of corn.
As of May 5, Ukraine exported 1.5 million tons of grain.
Ministry of Agricultural Policy experts consider that such an export volume will not have an impact on the country's food security and will not bring to a grain deficit.
Hadzalo emphasized that there is no need to impose restrictions on grain exports in the new marketing year due to an expected yield to the volume of no less than 40 million tons. However, according to him, the state should make grain stocks to the volume of five million tons so that there will be no need of imposing export restrictions.
