The FINANCIAL — The Ministry of Economic Development and Trade of Ukraine forecasted the volume of grain exports in 2014/15 MY at 37.907 mln tonnes, an increase of 117 thsd tonnes compared with the indices published last month, declared the Interdepartmental working group under the Ministry of Economic Development on February 17.
In particular, the export volumes of wheat were estimated at 12.799 mln tonnes, rye – 0.033 mln tonnes, barley – 4.21 mln tonnes, maize – 20.23 mln tonnes, oats – 0.134 mln tonnes, millet – 0.098 mln tonnes, and other grains – 0.378 mln tonnes, according to APK Inform-Agency.
According to the balance sheets, in 2014/15 MY the general grain production in the country (excluding the Crimea) will total 63.798 mln tonnes, which corresponds to the indices published last month.
As of the beginning of 2014/15 MY, the stocks are estimated at 8.339 mln tonnes. Thus, the total supply of grains will reach 72.431 mln tonnes. The domestic demand is forecasted at 27.25 mln tonnes of grains, including 11.54 mln tonnes of wheat, 0.497 mln tonnes of rye, 4.721 mln tonnes of barley, 9.199 mln tonnes of maize.
As of the end of 2014/15 MY, the ending stocks are estimated at 7.274 mln tonnes of grains, according to APK Inform-Agency.
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