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Companies made 2006 grain 2.16 mn MT export contracts on exchange market
28.08.2006 10:10 "Agro Perspectiva" (Kyiv) —
As of Aug 23, agrarian market participants have concluded export contracts on Ukrainian exchange market for this year crop grain 2.16 mn MT, reported Ukrainian Agrarian Exchanges Union. As to report, spot contracts were concluded for 1.521 mn MT grain (forward contracts 0.639 mn MT). Barley/wheat export contracts shared major part total. As earlier reported, within early 2006/07 MY Agrarika Ltd experts had forecasted Ukrainian 2006/07 MY grains export would reach 10 mn MT (down against 13.3 mn MT in 2005/06 MY). 2005/06 MY (Jul05/Jun06) grains export had boosted to 13.3 mn MT, up 2.2 mn MT (+ 20%) against 2004/05 MY. Within 2005/06 MY companies were exporting mainly wheat, feed barley and maize (unchanged as of previous MY). As to various forecasts, 2006 grains crop may total 3540 mn MT. 2005 grains crop totaled 38.015 mn MT.
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