Ukraine’s Grain Exports Surge in 2024/25 Despite Challenges
Ukraine has shown remarkable resilience in its grain exports, with 11.2 million tonnes shipped out by October 7, 2024, surpassing the previous season’s figures. The breakdown includes 6.5 million tonnes of wheat, 3 million tonnes of corn, and 1.4 million tonnes of barley.
Despite export restrictions on wheat to ensure domestic supply, nearly 40% of the quota has been utilized. Production forecasts for the season indicate a decrease in grain and oilseed crops compared to the previous year.
Factors influencing production and exports include reduced acreage, weather conditions, logistical improvements, EU import restrictions, and global market dynamics.
Ukraine’s ability to navigate these challenges highlights its significance in global food security. The country’s agricultural sector’s adaptation to wartime conditions and the development of new export routes showcase its resilience.
Overall, Ukraine remains a key player in the global grain market, demonstrating strength and determination in the face of adversities.