Ukrainian corn exports continued to slow
Corn exports in April totaled 3.1 MMT, or down 12% from March 2019/20 and down 15% from April 2018/19.
24.6 MMT had been exported since the beginning of the season, and this is 9% more than in the same period last year (in March the difference equaled 14%), UkrAgroConsult reports.
In April, Egypt reduced purchases to just 116 KMT and therefore fell to third place on the list of importers – now it trails China.
The EU stepped up purchases in April – one month earlier their volume was down 25% year-on-year, but this gap closed April at 24%.
Exports to all other major destinations are higher than a year earlier: Egypt: +40%, China: +13%, Turkey: +13%, South Korea: up almost six times, Iran: up almost two times.
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