https://sputnikglobe.com/20240614/why-is-ukraine-rushing-to-sell-its-grain-abroad-1118947172.html
Why is Ukraine Rushing to Sell Its Grain Abroad?
Why is Ukraine Rushing to Sell Its Grain Abroad?
Sputnik International
Ukrainian farmers are seeking to sell grain abroad by all means to receive dollars, not candy wrappers in the form of hryvnia, amid the ongoing advance by Russian troops, independent industry Leonid Khazanov told Sputnik.
2024-06-14T13:17+0000
2024-06-14T13:17+0000
2024-06-14T13:17+0000
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Ukraine is exporting grain to foreign markets at a record pace, a Sputnik analysis based on the country’s Customs and Agriculture Ministries has showed.Over the past four months, Ukrainian companies have exported 22.2 million tons of corn, wheat and barley, or an average of 5.56 million tons per month. Before 2018, Ukraine’s grain exports amounted to around 14.7 million over the same four-month period, the analysis indicated.Such rates of export can be attributed to two factors - the Russian Army’s ongoing offensive and the growing negative sentiments among Ukrainian farmers, independent industry analyst Leonid Khazanov told Sputnik.Grain supplies were previously exported from Ukrainian ports under the Black Sea Grain Initiative, which ceased to be in effect on July 18, 2023, when Moscow suspended its participation in the agreement, which the Kremlin said lost its meaning due to a complete absence of progress on implementation of the agreement's part that concerned Russia.Moscow cited the West’s systematic efforts to block the export of Russian food and fertilizers, and the fact that just three percent of the Ukrainian grain exported under the grain deal actually went to nations in need.After Moscow suspended the deal, the Russian Defense Ministry said that all ships sailing through the Black Sea to Ukrainian ports would be considered potential carriers of military cargo involved in the Ukraine conflict on the side of the Kiev regime as of July 20, 2023. Even so, the Zelensky regime decided to go ahead with grain exports via the Black Sea.
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ukraine’s grain exports, significant increase in ukraine's grain exports, the russian army’s ongoing offensive, the black sea grain initiative, ukrainian companies, export of russian food and fertilizers
ukraine’s grain exports, significant increase in ukraine's grain exports, the russian army’s ongoing offensive, the black sea grain initiative, ukrainian companies, export of russian food and fertilizers
Why is Ukraine Rushing to Sell Its Grain Abroad?
With Ukraine's grain exports on the increase, the country's farmers are seeking to receive dollars, not "candy wrappers in the form of hryvnia," amid the ongoing advance by Russian troops, independent industry analyst Leonid Khazanov told Sputnik.
Ukraine is exporting grain to foreign markets at a record pace, a Sputnik analysis based on the country’s Customs and Agriculture Ministries has showed.
Between February and May, Ukraine’s grain exports stood at more than five million tons, the highest such figure since 2018.
Over the past four months, Ukrainian companies have exported 22.2 million tons of corn, wheat and barley, or an average of 5.56 million tons per month. Before 2018, Ukraine’s grain exports amounted to around 14.7 million over the same four-month period, the analysis indicated.
Such rates of export can be attributed to two factors - the Russian Army’s ongoing offensive and the growing negative sentiments among Ukrainian farmers, independent industry analyst Leonid Khazanov told Sputnik.
"Farmers are trying to sell grain abroad at any cost in order to receive currency for it rather than candy wrappers in the form of hryvnia. So the farmers are using automotive and railway transport as well as ships through the remaining Ukrainian ports until their operation is paralyzed by Russian missile strikes," Khazanov pointed out.
Grain supplies were previously exported from Ukrainian ports under
the Black Sea Grain Initiative, which ceased to be in effect on July 18, 2023, when Moscow suspended its participation in the agreement, which the Kremlin said lost its meaning due to a complete absence of progress on implementation of the agreement's part that concerned Russia.
16 August 2023, 13:57 GMT
Moscow cited the West’s systematic efforts to block the export of Russian food and fertilizers, and the fact that just three percent of the Ukrainian grain exported under
the grain deal actually went to nations in need.
After Moscow suspended the deal, the Russian Defense Ministry said that all ships sailing through
the Black Sea to Ukrainian ports would be considered potential carriers of military cargo involved in the Ukraine conflict on the side of the Kiev regime as of July 20, 2023. Even so, the Zelensky regime decided to go ahead with grain exports via the Black Sea.
