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Investing.com -- The Ukrainian agriculture ministry has confirmed that it will maintain the volume of wheat available for export in the ongoing 2024/25 July-June season, despite a relatively high pace of shipments. This announcement was made by the first deputy minister on Tuesday.
In the 2024/25 wheat export season, Ukraine set a limit of 16.2 million metric tons. According to ministry data, traders have already exported close to 13 million tons, a significant amount of the total quota.
First Deputy Minister Taras Vysotskiy confirmed the decision, stating, "No changes are planned. Everything is according to the memorandum." This suggests that the ministry is adhering to its original plan, despite the brisk pace of exports.
As a major global grain producer and exporter, Ukraine typically exports the majority of its wheat in the first half of the season. Shipments then gradually decrease in the remaining months as the focus shifts to corn.
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