Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Commodities»Ukrainian agricultural exports double in July despite intensified…
    Commodities

    Ukrainian agricultural exports double in July despite intensified…

    August 23, 20242 Mins Read


    Adobe Stock
    Adobe Stock

    Agricultural exports from Ukraine doubled to over 4.2M tonnes in July compared to the same month last year – despite intensified Russian attacks, according to data from Ukrainian grain traders’ union UGA reported by Reuters.

    A major global wheat, corn and sunflowerseed producer, Ukraine exported about 6M tonnes/month of grain via the Black Sea before Russia’s invasion in 2022, the 12 August report said.

    Despite intensified Russian attacks on Odessa, a key Black Sea export hub, and Izmail, a major port along the Danube River taking grain into Europe, Ukraine had continued to ship as much grain as it could to take advantage of military gains in the Black Sea, Reuters wrote.

    At the time of the report, Ukraine had not reported the destinations of its exports in July but last season, it exported most of its wheat to Spain, Egypt and Indonesia, with its corn mostly heading for Spain and China.

    The surge in exports came despite this season’s drop in output caused by war-related disruptions, and there was no guarantee that Kyiv could sustain the trend into the full 2024/25 season, the report said.

    “We are doing everything to make business feel comfortable even in wartime conditions,” Ukraine’s Seaport Authority deputy head Dmytro Barinov told Reuters.

    The exports comprised a combination of new season wheat and corn from stocks following last year’s bumper harvest, the report said.

    According to export data, Ukraine exported 3.7M tonnes of agricultural goods in July through Odessa and 569,000 tonnes via the Danube. That compared with 291,000 tonnes via Odessa and 2.07M tonnes tonnes through the Danube in the same month last year.

    The export total included six corn shipments from Ukraine’s two other operational Black Sea ports Chornomorsk and Pivdennyi in June and July to Rotterdam, Europe’s busiest port, and Spain’s Cartegna, according to separate LSEG shipping data.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Foundation graduates 95 youths in digital agricultural skills in Kano

    Commodities

    Immigration minister, 3 deputy ministers sworn in amid political turmoil in Greece over EU agricultural funds fraud

    Commodities

    Juneteenth has a Black agricultural legacy we cannot ignore

    Commodities

    Mahayuti sweeps Kalyan Agricultural Produce Market Committee elections, wins 16 of 18 seats | Thane News

    Commodities

    Indonesia eases import rules ahead of US tariff deadline

    Commodities

    Centre Issues Model Rules to Ease Tree Felling on Agricultural Lands, Promote Agroforestry and Legal Timber Trade

    Commodities
    Leave A Reply Cancel Reply

    Top Picks
    Investments

    How AltDRX’s Innovative Platform Is Revolutionizing Property Investments

    Commodities

    The Commodities Feed: The door opens for tariff de-escalation | articles

    Cryptocurrency

    Bitcoin Price Falls Under $60,000 as $150 Million in Crypto Longs Get Rekt

    Editors Picks

    Tiger Royalties And Investments nomme Nicholas Lyth directeur financier à temps partiel -Le 07 mars 2025 à 08:12

    March 6, 2025

    Sensex tanks 880 points, Nifty 50 near 24K; why is Indian stock market falling for last two sessions? 5 key reasons

    May 9, 2025

    Dodge & Cox Is Piling Into These Dividend Stocks

    August 22, 2024

    XPeng Inc. Sponsored ADR (XPEV) Outpaces Stock Market Gains: What You Should Know

    July 12, 2024
    What's Hot

    It’s ‘Better for Everyone,’ Real Estate Executive Says

    July 27, 2024

    $27.3 million in financing secured for a two-property industrial portfolio in New England

    July 30, 2024

    Action King Copper Discovery Corp. | Cours 3RI Bourse BOERSE MUENCHEN

    March 14, 2025
    Our Picks

    The work of cybercriminals – Chamisa claims X account hacked after cryptocurrency launch

    June 11, 2025

    TSA Biometrics Technology and the Need for Consumer Consent

    August 23, 2024

    Bullish Secures Hong Kong License Amid City’s Digital Asset Expansion

    February 19, 2025
    Weekly Top

    UK GDP: Fastest Growth in Q1 2025

    June 30, 2025

    Investments in Russian coal industry will fall below 248 bln rubles ($3.16 bln) this year – Business & Economy

    June 30, 2025

    UK-Based Cloud Mining Platform Launches Simplified Cloud Mining, Starter Bonuses For First-Time Cryptocurrency Miners

    June 30, 2025
    Editor's Pick

    Alitheia Capital et Goodwell Investments se désengagent de Baobab Nigeria

    March 20, 2025

    Stripe and Bitstamp Team Up to Simplify EU Crypto

    August 7, 2024

    Une nouvelle étude met en évidence l’aridification mondiale et la menace pour l’agriculture

    April 28, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.