Kyiv | Reuters — Ukraine will not restrict wheat exports in the 2025/26 July-June season due to a higher harvest and lower export rates at the beginning of the current season, the deputy economy minister told Reuters on Wednesday.
Ukraine, one of the world’s leading wheat producers and exporters, has been restricting wheat exports over the past few seasons to prevent a rise in bread prices.
WHY IT MATTERS: This year has seen large global wheat harvests, which has put downward pressure on prices.
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“We do not plan to impose any restrictions on wheat exports this season. The harvest is higher than last year, and export rates are lower,” said Taras Vysotskiy.
“According to our estimates, the wheat harvest will be around 23 million (metric) tons, and exports are expected to reach around 17 million tons (in the 2025/26 season),” he said.
Ukraine harvested 22.6 million tons of wheat in 2024 and exported 15.7 million tons of the commodity in 2024/25.
The economy ministry data showed that the country had exported 6.8 million tons of wheat so far this season versus 8.6 million at the same period a season earlier.
