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Ukraine earns USD22.2B from grain, oilseeds exports in 2021-2022

KIEV (XINHUA) – Ukraine has earned USD22.2 billion from exporting grain and oilseeds in the 2021-2022 marketing year (MY), the state-run Ukrinform news agency reported on Saturday.

The revenues were earned from the export of 61.52 million tonnes of cereals and oilseeds between July 1, 2021, and June 30, 2022, Ukrinform reported, citing the country’s trade representative and deputy minister of economic development, trade and agriculture Taras Kachka.

Ukraine’s earnings last season were driven primarily by corn and sunflower oil exports, together contributing USD11.6 billion, Kachka said.

In 2021, Ukraine harvested a record crop of grain, legumes and oilseeds totalling more than 106 million tonnes.

A farmer shows wheat grains at a field next to Rai-Oleksandrivka village, Ukraine. PHOTO: AFP