Due to higher commodity prices, grain exports were down 53% yoy in January, but export earnings were down only 41%, reports the Ukrainian Agricultural Business Club. Halfway through the marketing year, Ukraine has used up three quarters of its self-imposed 17.5-million-ton wheat export quota. Due to the poor harvest, this year’s export quota is 15% below the 2019/2020 quota.
Due to higher commodity prices, grain exports were down 53% yoy in January, but export earnings were down only 41%
