Ukraine exports over 700,000 tonnes of grain in two weeks of new marketing year

Ukraine over the first two weeks of the new marketing year (from July 1 to July 14) exported over 700,000 tonnes of grain to foreign markets, according to Agriculture Minister Yuriy Melnyk.

From July 1 to July 14, from the start of the new marketing year, over 700,000 tonnes of grain was exported," he said at a press conference in Kyiv on Tuesday.

He said that the present pace of growth in exports is in line with the grain supplies usually made to foreign markets in peak periods.

The minister said that the government plans to promote grain exports, which would help to maintain the stability of prices on the market and free up grain storage facilities.

Earlier, the ministry forecasted that grain exports in the 2008/2009 marketing year would be 13.5-14 million tonnes. That would be around 10 million tonnes up on the 2007/2008 marketing year's 3.7 million tonnes.