KIEV, UKRAINE — Ukraine has ceased its grain export data for the 2019-20 season, according to Reuters citing the Ukrainian economy ministry.
The ministry used to post the country’s grain export a few times a week, but no new information has been reported since June 5.
A ministry source told Reuters the grain export data might affect the market situation.
Reuters noted Ukraine harvested 75 million tonnes of grain in 2019 and as of June 5 has exported 54.8 million tonnes.
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KANSAS CITY, MISSOURI, US — It was a bumpy ride for the global grain industry in 2024.
An already unstable geopolitical situation worsened with military conflicts expanding in Ukraine and the Middle East. Transporting grain efficiently was a challenge, in part because of those wars. And several of the world’s largest agribusiness companies saw profits tumble in a suboptimal economic climate for global agriculture.
The establishment in both Europe and the United States saw a conservative backlash against their liberal policies, leading to political unrest in countries such as France and the return of Donald Trump to the US presidency after a four-year absence. The result will likely be a continued trend toward protectionist policies that will impact the global grain trade in the coming years as well a reduced emphasis on “green” environmental policies that had become prevalent during the past four years.
The following are World Grain’s top 10 stories for 2024.