Ukraine lost 47% of wheat exports, Russia — about 75%

Great Odesa received only 35 thousand tons of grain by rail in the 29 days of September — 46.5% less than a month earlier.

The rail transportation of grain to seaports in September decreased by 38.6% compared to August. This is evidenced by the data of the weekly review of Spike Brokers.

Over the 29 days of the month, about 177.6 thousand tons of grain were transported to port destinations, including internal transportation to Izmail. Great Odesa received 35 thousand tons (-46.5%), export Izmail — 42.6 thousand tons (-42.3%), internal transportation to Izmail amounted to 58.9 thousand tons (-56.3%).

At the same time, the Danube direction itself is showing growth. The throughput of agricultural products for export through the Danube points, including Orlivka, reached 1.195 million tons in September — 60.1% more than in the whole of August. In the last six days of the month, the rate was 46.2 thousand tons per day.

The main load is increasingly shifting to the western border. Of the 783.1 thousand tons of grain exported by rail for export, 664.5 thousand tons passed through land crossings — about 85% compared to 83% a week earlier. For vegetable oil, this figure is 88%, for cake and meal — 96%.

However, the western direction is working at the limit. The average daily transfer of grain through the four main crossings increased to 278.4 wagons (+8.6%), but the accumulation of wagons near the border at the same time increased to 4,165 — 20.8% more. The largest queues were recorded at Mogilev-Podilskyi (1,148 wagons) and Vadul-Siret (918). That is, the acceleration of the transfer has not yet kept pace with the approach of cargo.

In general, Ukraine ended September with the export of 3.035 million tons of agricultural products worth $1.563 billion. 1.481 million tons of grain were shipped, including 1.094 million tons of wheat. This is 46.7% less than last year.

The symmetrical crisis also hit Russian exports. According to the Russian Grain Union, about 1.36 million tons of wheat were shipped from Russian ports in September, compared to about 5.4 million tons a year earlier — a drop of about 75%.

The number of ports through which Russian grain passes has decreased to nine from 36 last year, and the number of exporters to nine from 44. The main volumes have shifted to the Baltic: Ust-Luga and Vysotsk have become the leaders in transshipment, while shipments through Novorossiysk, Azov and Taman have practically stopped.

Also, the day before, USM reported that the cost of transporting grain from the port of Giurgiuleşti to Constanta has increased to approximately $75 per ton due to high fuel prices and low water levels on the Danube and Prut.