Global Food

 
Ukraine LATIFUNDIST News: On August 31, corn is Ukraine exports mainly of food one crop over the years. In the past two years, Ukraine’s corn exports have continuously hit a record high. According to data from the US Department of Agriculture, Ukraine exported a total of 3.2 million tons of corn in the 2019-20 market, and a total of 30.32 million tons in the 2018-19 market. In the 2016-17 market year, this data was 21.33 million tons, and in 2009-10 only 5.3 million tons.

According to calculations by the US Department of Agriculture, Ukraine's corn production and export volume are expected to break records again in 2020-21, reaching 39 million tons and 33 million tons, respectively. However, how hot and rainy weather will affect corn production remains to be seen.

According to data released by Louis Dreyfus Ukraine, from January to June 2020, Ukraine's grain exports were 17.9 million tons. Among them, the export volume of the top 15 exporters accounted for 87% of the total. The ranking of the top ten exporters remained basically unchanged, and only the ranking of some enterprises changed. The top three corn exporters are Kernel, COFCO and NIBULON. The three companies accounted for 36% of the total export share, while Louis Dreyfus and Antoine have exited the top three, ranking sixth and eighth respectively.

In the first half of 2020, the top five markets for Ukrainian corn exports were China (4.00 million tons, accounting for 22.5%), Iran (2.21 million tons, accounting for 12.1%), the Netherlands (1.9 million tons, accounting for 11%), Egypt (1.8 million tons, 10.4%), Spain (1.7 million tons, 9.5%).

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