Ukraine grain export position deteriorates by the day

Export volume has dropped to a few hundred-thousand tonnes
calendar icon 26 March 2022
clock icon 1 minute read

Ukraine's new agriculture minister Mykola Solskyi on Saturday said Ukraine's ability to export grains was getting worse by the day and would only improve if the war with Russia ends, reported Reuters.

Speaking in a televised briefing, Solskyi said Ukraine, one of the world's top grain producers, would normally be exporting 4-5 million tonnes of grain per month - a volume that has fallen to just a few hundred-thousand tonnes.

"The impact (on global markets) is direct, dramatic and large. And it continues. Every day the situation will become more and more difficult," he said.

Source: Reuters

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