The Ministry of Agrarian Policy devised an alternative plan B to maintain the exports of agricultural products in case the Grain Corridor ceases to work.
According to the CTS, First Deputy Minister of Agrarian Policy and Food Taras Vysotskyi said that Plan B provides for expanding the transit capacity of the Danube region and increasing the grain transshipment capacity.
Additional checkpoints and dry ports on the western border with Poland and Romania are also being put into operation.
Despite the difficulties with the export of agricultural products, the Ministry of Agrarian Policy hopes that the financial indicators will be close to last year's levels. However, it is still too early to talk about the final prices because they change every day.
"Information about unfavorable conditions in the United States has recently affected corn, and the prices soared. Therefore, it is still too early to tell what the final grain prices will be. They will be known closer to September, when the growing season ends in our hemisphere. Exports will be close to last year’s indicators, despite some with minimal deviation," the First Deputy Minister of Agrarian Policy concluded.
What is the current situation with the Grain Deal?
The Ukrainian government believes that Russia may withdraw from the Grain Deal in July. The Deputy Head of the Ministry of Foreign Affairs of Russia, Sergey Vershinin, said last week that July 18 would be the last day of the Grain Deal. At the same time, he emphasized that the diplomatic office of the aggressor country does not rule out new contacts with the UN regarding the export of grain.
Russia is now disrupting the work of the grain corridor as much as it can. The passage of ships through the grain corridor has been halted or slackened by the Russian side since the beginning of April. From June 5 to 11, only 13 ships managed to sail through the corridor.
In May, there were only 40 ship calls to the ports of Greater Odessa. At the same time, the Russian Black Sea received 1,059 and 1,184 ships in April and May, respectively.