KYIV, July 1 – Ukraine completed the 2020/2021 marketing year (MY, July-June), having exported 48.8 million tons of grains and oilseeds, which is 17% less than the volumes predicted a year ago, the Ukrainian Grain Association (UGA) reported on the website.

According to the organization, the total harvest of these crops in the 2020/2021 MY amounted to 84.2 million tons.

It is specified that the export of wheat for the specified period amounted to 16.5 million tons (in 2019/2020 MY - 20 million tons) with a crop of 25.3 million tons (28 million tons). Thus, wheat exports have not reached the export limit of 17.5 million tons, stipulated in the memorandum between market participants and the relevant ministry.