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Markets Print edition: 2022-09-29

Ukraine grain exports down

Published Updated
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KYIV: Ukraine’s grain exports are down 41.5% year on year in the 2022/23 season so far at almost 8 million tonnes, but the pace of shipments is increasing gradually, agriculture ministry data showed on Wednesday.

The country’s grain exports have slumped since Russia invaded in February because its Black Sea ports were closed off, driving up global food prices and prompting fears of shortages in Africa and the Middle East.

Three Black Sea ports were unblocked at the end of July under a deal between Moscow and Kyiv, brokered by the United Nations and Turkey.

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