Ukraine Grain Exports Up Near Twenty-fold

No thats not a mistake. Ukraine exported almost twenty times more grain in the first two months of the 2008/09 marketing year than they did in the prvious season.

UkrAgroConsult quoted preliminary official data as showing grain exports in June/July totalled 3.8mmt, up from just 203,000mt a year earlier.

Exports included 1.5m tonnes of wheat and 1.8m of barley. Ukraine plans to harvest up to 50m tonnes of grain in 2008 they said and see exports at 22.6m tonnes in 2008/2009 against 4m in 2007/2008.

Last year, the harvest totalled 29.3m tonnes.