Ukraine may become sixth largest of the world's wheat exporters by 2021, provided annual wheat supplies to foreign markets total 14 million tonnes, according to the Food and Agriculture Organization (FAO) of the United Nations.
In addition, FAO projects that by that time Ukraine could also become
No. 3 among coarse grain exporters with annual shipments of 19 million
tonnes.
“Ukraine will be boosting exports of both wheat and coarse grain,
especially maize… Stable annual wheat exports will be about 14 million
tonnes, while coarse grain exports will total 19 million tonnes,”
economist of the FAO Investment Center Dmytro Prykhodko said at the
International Forum entitled “The World’s Grain Market – Trends, Risks
and Initiatives,” held as part of the Agro 2013 Agricultural Exhibition
in Kyiv on Wednesday.
The FAO estimates that by 2021 the world championship in wheat
exports will be won by Russia instead of the United States. Russia is
predicted to annually export 26 million tonnes of wheat.
As reported, the Agricultural Policy and Food Ministry expects that
grain exports from Ukraine in 2012/2013 marketing year (July 2012
through June 2013) will be more than 24 million tonnes, against about 22
million tonnes by the end of the previous MY.
