Ukraine increased its turnover from the export of grain and oilseeds by $1.6B.

Export turnover of grain, oilseeds, meal, and oil in the 2024/2025 season (July-October) amounted to $6.1B, which is $1.6B more than last season. Farmers received significantly more from the export of wheat, barley, rapeseed, and soybeans.

However, analysts predict that Ukrainian corn exports to China this season will drop to three million tons compared to five million tons last year. The lack of Chinese demand is forcing Ukrainian traders to diversify their export markets, increasing supplies to countries in Asia and the Middle East.

Also, as noted by commodity market intelligence expert Argus, Ukraine continues to compete with the Russian Federation in the sunflower oil market, even though last season Russian products were offered on the Turkish and Indian markets at a discount of $5-10 per ton.

According to the Ministry of Agrarian Policy, as of November 15 Ukrainian farmers harvested 52.1 million tons of grain and almost 19.3 million tons of oil crops.