Ukraine starts supplying grain to Europe by train

Ukraine starts supplying grain to Europe by train Traders have exported the first supplies of Ukrainian corn to Europe by train as the country's sea ports remain blocked due to Russia's military actions in Ukraine, Report informs, citing Reuters.
AIC
March 27, 2022 14:02
Ukraine starts supplying grain to Europe by train

Traders have exported the first supplies of Ukrainian corn to Europe by train as the country's sea ports remain blocked due to Russia's military actions in Ukraine, Report informs, citing Reuters.

Ukraine is a global major grain grower and exporter and almost all its exports have traditionally been shipped from its Black Sea ports. Monthly grain exports exceeded 5 million tonnes before the war.

Traders and agriculture official have said Ukraine, which still has significant volumes of grain in stock, may start exporting by train via its western border.

According to the information. first batches of several thousand tonnes of corn have already been exported across Ukraine's western land border.

Difficulties with logistics persist, supply still prevails over demand, but prices have stopped falling.

Ukrainian transport authorities have said as much as 600,000 tonnes of grain per month could be exported by trains from Ukraine to Europe.

Ukraine's grain exports could total 44 million tonnes in the 2021/22 July-June season. It expected only 1 million tonnes of grain to leave the country from March to June due to logistics problems.

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