Ukraine: grain carry-over stocks estimation increased to 8.5 mln tonnes in 2014/15 MY

Ukraine: grain carry-over stocks estimation increased to 8.5 mln tonnes in 2014/15 MY

Ukraine: grain carry-over stocks estimation increased to 8.5 mln tonnes in 2014/15 MY

The FINANCIAL -- According to the June adjustment of supply and demand balances of grain in Ukraine being made by the analysts of APK-Inform, in 2014/15 MY the grains and pulses carry-over stocks reached 8.5 mln tonnes, down 0.7% of the previous season rate (8.6 mln tonnes). At the same time the stated estimation exceeds the May rate (8.2. mln tonnes).

The estimation increase is based on the unfulfilled wheat exports potential. Thus, according to the previous forecasts in 2014/15 MY Ukraine to export 11.2 mln tonnes of grain, but according to the operative data in the stated period the country supplied 10.9 mln tonnes of wheat.