This included wheat at 17.5MMT, and 1,000MT of rye.
The current wheat harvest is nearly finished and should produce a final yield of 27MMT, which leaves about 9.5MMT for domestic consumption, continuing the four-year trend for annual domestic consumption figures to be below 10MMT.
Between 2017 and 2019, the average annual domestic consumption for Ukraine wheat was 9.2MMT; between 2000 and 2016, average annual consumption was 12.1MMT.
I think that’s telling us something.
The ministry retained a caveat that depending on the final data on wheat harvest, the agreement may be revised in the 4th quarter.
The grain memorandum has been in place since 2011.