World Grain - July 2022 - 31

tential from the previous harvest at 18.5 million tonnes,
with some 5 million tonnes of wheat still in stock by
early March.
" Wheat exports in May were just 41,000 tonnes, " he
said, comparing it with 2.53 million tonnes during the
month before the Russian invasion.
" USDA is more optimistic for wheat production at
roughly 21.5 million tonnes, (but) still the trend is a
sharp decline in wheat production in Ukraine, " he
said, despite the fact that " weather is, and was during
winter, excellent for wheat and even for spring
crop vegetation. "
Feofilov did not believe that problems with fuel
would prevent wheat harvesting.
" I am sure, according to my contacts with local farmers,
local associations farmers will do their best to harvest
what they planted, " he said. " The key problems
will be off the farm. The first one will be where to store
wheat crops as a big carryover is rather high at 4.4 million
to 4.5 million tonnes, plus a new crop of 20 million
tonnes with a deficit of storage.
" Problem No. 2 is money. If farmers have grain
stocks with low incomes and with low possibility to
sell wheat, " there could be problems financing winter
wheat plantings in just three months. " To my mind, the
key problem with wheat production might be in 2023. "
Eren Günhan Ulusoy, chairman of IAOM Eurasia
and chief executive officer of the Ulusoy & Söke
Milling Companies, explained that Turkey, as a leading
flour exporter, was usually dependent on imports of
wheat from Russia and Ukraine.
" Of course, if disruption in Russian supply happens
or the conflict lasts more time in the Black Sea, in the
long term it can affect the Turkish milling industry's
competitiveness in the world market, but as of now I
would say the numbers are in conformity, " he said.
" We are still in this season planning that we will
close at 3 million tonnes and the monthly volume is
still in line with our historical average between 200,000
tonnes and 250,000 tonnes per month, " he said.
Chris Lyddon is World Grain's European correspondent. He may be
contacted at: cajlyddon@gmail.com
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World Grain - July 2022

Table of Contents for the Digital Edition of World Grain - July 2022

World Grain - July 2022 - Intro
World Grain - July 2022 - 1
World Grain - July 2022 - 2
World Grain - July 2022 - 3
World Grain - July 2022 - 4
World Grain - July 2022 - 5
World Grain - July 2022 - 6
World Grain - July 2022 - 7
World Grain - July 2022 - 8
World Grain - July 2022 - 9
World Grain - July 2022 - 10
World Grain - July 2022 - 11
World Grain - July 2022 - 12
World Grain - July 2022 - 13
World Grain - July 2022 - 14
World Grain - July 2022 - 15
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World Grain - July 2022 - 18
World Grain - July 2022 - 19
World Grain - July 2022 - 20
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