Ukraine: Reserves of soybean, wheat and corn

The amount of soybeans stored at the facilities, whose main activity is the processing and storage of this crop as of February 1 was 0.67 million tons, which is 18% less than the amount in the previous year. In 2017, soybean reserves were 0.81 million tons.

Such information was provided by the State Statistical Committee.

Soybean reserves
The biggest amount		The smallest amount
Odessa region	102,11 thousand tons	Lvov region	7,14 thousand tons
Vinnitsa region	72,99 thousand tons	Kharkov region	4,77 thousand tons
Khmelnitsky region	91,47 thousand tons	Ivano-Frankivsk region	1,32 thousand tons

The amount of corn stored at factories, whose main activity is the processing and storage of this crop as of February 1 was 12.27 million tons, which exceeds the figure of the previous year by 31.5 thousand tons. Last year, this figure reached a level of 12.24 million tons.

Such information was provided by the State Statistics Service.

Corn reserves
The biggest amount		The smallest amount
Poltava region	1,84 thousand tons	Chernovtsy region	38,1 thousand tons
Vinnitsa region	1,29 million tons	Donetsk region	42 thousand tons
Chernigov region	1,22 million tons	Trans Carpathian region	56,1 thousand tons

The amount of wheat stored at the plants whose main activity is the processing and storage of this crop was 7.24 million tons, which exceeds the figure of the past year by 259.4 thousand tons. Last year, this figure was almost 7 million tons.

Such information was provided by the State Statistics Service.

Wheat reserves
The biggest amount		The smallest amount
Odessa region	716,4 thousand tons	Chernovtsy region	43,7 thousand tons
Nikolaev region	647,9 thousand tons	Rivne region	99,7 thousand tons
Kharkov region	552,1 thousand tons	Trans Carpathian region	1 thousand ton

There is a significant amount of leftover grain crops such as wheat, corn and soybeans in the warehouses of Ukraine. At the end of the 2021/22 fiscal year, soybean stocks were 281,000 tons, wheat 5.5 million tons and corn 17.9 million tons.

Ukraine is one of the largest producers and exporters of grain crops, and crop residues play an important role in market management. The volumes of wheat and corn residues in Ukrainian warehouses are important indicators of demand for these crops, and the volumes of soybean residues are an indicator of its production and consumption.

Significant amounts of inventory can lead to lower crop prices and market imbalances, so proper inventory management is essential to the sustainability of the industry and the economy as a whole.

In addition, the volume of residues can influence decisions on the import and export of cereals. For example, high balances may encourage exports, while low balances may restrict exports.

Thus, the volume of residues of wheat, corn and soybeans in the warehouses of Ukraine are important indicators for managing the grain market and making decisions on imports and exports.