Wheat exports from Ukraine fell by a quarter in December due to increased Russian attacks on the country's port infrastructure, which is its main export channel. This is reported by Bloomberg.
According to CM Navigator, the agro—market analytics platform, wheat exports fell by 25%, and corn exports by about 13%. In general, grain exports from Ukraine in December decreased by 16% in annual terms, according to the Ukrainian consulting company UkrAgroConsult.
Although Ukraine's exports lagged behind throughout the season, the strikes on ports, processing facilities and logistics infrastructure significantly aggravated the situation, said market research analyst CM Navigator Donatas Jankauskas.
In millions of tons. Source: CM Navigator
"The ongoing Russian attacks on port and logistics infrastructure, especially near Odessa, have reduced the effective carrying capacity and led to delays and postponement of planning," Jankauskas said.
In addition, exports were complicated by the smaller volumes available for export due to the delay in the corn harvest and increased competition from other low-cost suppliers, he added.
Lavrov: Let Witkoff and Kushner deal with Iran — we are tired of lies
"Traditional event": Putin gathers an operational meeting of the Security Council
European jet fuel went to Kazakhstan: without Russia, fuel is searched everywhere
Axios: More than 60 US senators supported Graham's bill* on sanctions against Russia
"We need to work on the Khmara now" — what can Russia expect from the organizer of the terrorist attacks
The whining nine who are ready to fight with Russia even today don't have enough brains — Senator