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Print Print edition: 2011-10-02

Ukraine exports wheat, barley

Published Updated

Ukraine's major grain exporter HlibinvestBud (HIB) exported about 450,000 tonnes of wheat and barley in the first three months of the 2011/12 season, it said on Friday. HIB, which plans to export 5 million tonnes of grain this season , also said it had bought 3.0 million tonnes of grain from local producers for future exports.
Ukraine plans to boost grain exports to 24 million tonnes this season, expecting a jump in harvest to at least 51 million tonnes in 2011 from 39.2 million in 2010. But export duties and aggressive exports from Russia have affected the pace of exports from Ukraine so far this season. Ukraine's Agriculture Ministry last month proposed cancelling grain export duties in a bid to increase export shipments.

Copyright Reuters, 2011

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