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News / 17 December 2013 | 16:54
Ukrainian grain reserves grow up to 27.6 million tons

Ukrainian grain reserves grow up to 27.6 million tons

As of Dec. 1, 2013 the grain reserves at agricultural enterprises of Ukraine (except for small ones) and enterprises engaged in the grain storage and processing grew by 29% year-on-year, to 27.6 million tons, the Information-Analytical Bulletin of the Cabinet of Ministers of Ukraine reports.

According to the State Statistics Service, available wheat grain at those enterprises amounted to 8.2 million tons, barley — 2.1 million tons, corn — 15.6 million tons, and rye — 0.4 million tons by the above date.

As of Dec. 1, 2013 the grain reserves at agricultural enterprises only grew up 43% year-on-year, to 15.3 million tons, including wheat — 4.7 million tons, barley — 1.6 million tons, corn — 7.8 million tons, and rye — 0.2 million tons.

According to the State Statistics Committee, the reserves of sunflower seeds on the reporting date grew up 51% year-on-year, to 7.3 million tons. 3.5 million tons of sunflower seeds (up 61%) were stored at agrarian enterprises, and 3.8 million tons (up 42%) — at processing and storage companies.

Positive indicators are very typical for this industry. Ukraine actively expands geography and range of exported products, and this year already has a good chance to be second in the global grain market, only yielding the first position to the United States.

As noted by government analysts, it will increase the country’s export by more than a half, and the buyers of our home agricultural products today are the states of Europe, Asia and Africa. In addition, Ukraine ranks first in the world export of sunflower oil.

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