Grain corridor exports dip last week

MOSCOW May 24 (Interfax) - The export of Ukrainian agricultural products via seaports in the Odessa region dipped by 78% on May 15-21 (the 42nd week of operation of the grain corridor), versus the previous week, to 118,300 tonnes, and four ships were loaded but not inspected, the Ukrainian media said with the reference to the Ukrainian Agribusiness Club (UCAB).

"Four ships were loaded this week, which is nine ships fewer than the week before. Yet they are still waiting for the inspection they need to undergo before heading to clients. This is the lowest number seen this year," the UCAB said on its website on Tuesday.

In this reporting period, corn (78%), sunflower cake (17%) and wheat (6%) prevailed in the structure of Ukrainian agricultural exports, the website said. Ukrainian products were shipped to Asia (Saudi Arabia and Turkey) - 91,000 tonnes, Africa (Morocco) - 20,000 tonnes, and Europe (Italy) - 7,000 tonnes.

Eleven ships have been expected over six days since the reopening of the grain corridor, it said.

A total of 30.3 million tonnes of agricultural products were exported through the grain corridor between August 1, 2022, and May 21, 2023, and weekly exports averaged 721,400 tonnes.