In 2016/17 MY, Ukraine exported record volumes of grains - 43.8 mln tonnes

In 2016/17 MY, Ukraine exported record volumes of grains - 43.8 mln tonnes

In 2016/17 MY, Ukraine exported record volumes of grains - 43.8 mln tonnes

The FINANCIAL -- According to preliminary estimations of the Ministry of Agrarian Policy and Food, in 2016/17 MY Ukraine exported 43.8 mln tonnes of grain crops, which became the absolute record for the country, declared the press-service of the Ministry on July 3.

The record harvest of the previous year at 66 mln tonnes formed a resource for exports at 43.8 mln tonnes, which became the historic maximum for Ukraine. Also, flour foreign supplies demonstrated a positive trend at 369.4 thsd tonnes, which indicated a gradual reorientation of companies-exporters to operations with higher value-added products, noted the First Deputy Minister of Agrarian Policy and Food, Maksym Martynyuk.

According to him, further stimulation of the domestic processing will increase the sum of foreign exchange earnings, and level down the risks in commodity exports, in particular the dependence on fluctuations of the global prices for agricultural products.