Grain exports this season may reach 49 million tons


In the marketing season 2018/2019, it is expected that the export of Ukrainian grain will reach 49 million tons.

This was stated by the Deputy Minister of Agrarian Policy and Food of Ukraine, Elena Kovaleva, during the 8th AMIS Rapid Response Forum in Geneva (Switzerland) on February 25, the press service of the Ministry of Agrarian Policy said.

It is important to have an open dialogue and exchange of information between key players in the grain market. Ukraine, in turn, remains a stable, reliable partner and exporter of agricultural products. In this marketing year, we expect that grain exports from Ukraine will reach 49 million tons, said Kovalev.

According to her, the system of information support for agricultural products markets (AMIS) for many years remains the leading organization aimed at increasing the transparency and predictability of the world grain market in the context of ensuring global food security.

Due to current market challenges and a common goal of ensuring food security, the role of the AMIS information platform is growing every year. Ukraine, as one of the key players in the grain market, attaches great importance to the sustainable and predictable development of the agricultural sector, as well as to a coherent policy on the international market for agricultural and food products, the deputy minister commented.

According to the press service of the Ministry, short-term prospects and 5-year forecasts for the development of the world grain market were discussed at the Forum in Geneva. Separately, the issue of revaluation of historical indicators of grain production in China and the implications for the estimates of world reserves and feed use was considered.

It is noted that the information system for agricultural products markets (AMIS) is an interagency platform (created on the initiative of the G20 agriculture ministers) to improve the transparency of information on food markets and improve the coordination of policy measures during the crisis. The system aims to collect, analyze and disseminate information on national and international markets for agricultural products; agricultural and rural development policies; international market conditions; potential of countries - producers of agricultural products. Market research, data preparation and forecasting are carried out in four main areas: wheat, corn, rice and soybeans.