Europe and North Africa to remain the traditional markets for Ukrainian grain – COFCO Agri Resources Ukraine
Ukrainian grain will be supplied to the traditional markets of Europe and North Africa in 2020/21 MY as well as there will be the growth of demand from Asia, informed the General Director of COFCO Agri Resources Ukraine, Vladimir Osadchuk within frames of the online-conference Grain&Maritime Days Online, on May 28.
According to APK-Inform, Ukraine already exported 49.9 mln tonnes of grains and pulses in July-April of 2019/20 MY, up 19% compared to the same period of the last season (41.8 mln tonnes) and up 1% compared to the total result of the previous MY (49.3 mln tonnes). The analysts of the agency estimated the export potential at 54.8 mln tonnes, that is unlocked by 91% by the end of the reporting period, informed the head of the business projects division of APK-Inform, Andrey Kupchenko during the online conference «GRAIN&MARITIMES DAYS ONLINE-2020».
Experts of the Ukrainian Grain Association (UGA) made some upward adjustments to the forecast of wheat production in Ukraine in 2020, declared the President of the Ukrainian Grain Association, Mykola Gorbachov, within frames of the online-conference Grain&Maritime Days Online, on May 28.