Ukraine may face storage shortfall for 8-11 mln tonnes of grain – Vysotsky
Due to blocked port operations and limited export volumes, Ukraine could face a domestic grain storage shortfall of 8-11 million tonnes in November, Agrarian Policy and Food Minister Taras Vysotsky told reporters on Friday.
Ukraine may be facing a domestic grain storage shortfall of between 8 and 11 million tonnes in November, according to Agrarian Policy and Food Minister Taras Vysotsky. The shortage is due to blocked port operations and limited export volumes, which could lead to an 8-11 million tonne gap in domestic storage capacity by November.
The range reflects the uncertainty surrounding the corn harvest, although the ministry is planning for a maximum yield. Ukraine has sought international assistance for temporary storage equipment, such as bags in fields capable of holding up to 250 tonnes each. So far, they have received about $10 million in aid, with plans for an additional $25 million from the World Bank.
This assistance could cover over 6 million tonnes, helping Ukraine address the critical storage situation and secure sufficient grain storage capacity.
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