Ukraine Remains World’s Largest Grain Exporter
With the winter grain harvest still underway Ukraine’s farmers have already brought in more grain this season than in all of last year and are on course to smash the previous record, reports BNE IntelliNews.
Ukrainian farmers have threshed a record 70.8mn tonnes as of the middle of November, reports UBN, more than the 70.1mn tonnes threshed during all of last year — also a record year.
By the end of this year Ukraine’s grain harvest is expected to be up by 5.5%, to 74mn tonnes, predicted Timofei Milovanov, Minister of Economic Development, Trade, and Agriculture.
Last year’s record breaking crop allowed Ukraine to export 50.4mn tonnes of grain, just beating out Russia to claim the title of the world’s biggest exporter of grain.
This year’s exports of grain will almost certainly be higher at circa 25mn tonnes, which easily allow it to hold on to its biggest exporter title.