Fefac

Ensure supply with emergency plans

For Europe, corn is the most important import product from Ukraine, with an annual average of 11 million tons.
IMAGO / ZUMA
For Europe, corn is the most important import product from Ukraine, with an annual average of 11 million tons.

The European associations Coceral, Fediol and Fefac expect "serious shortages for the feed as well as the food industry." They are calling for contingency plans to be put in place to mitigate the effects on grain and oilseed markets.

The Black Sea region is a major supplier of grains and oilseeds to the world market, they said. Ukraine, in particular, exported about 60 million tons of grain to the world, according to a joint statement. For the current marketing year, Ukraine was expected to export about 33 million tons of corn and 24 million tons of wheat. For Europe, corn is the main import product from Ukraine, with an annual average of 11 million t, as well as other commodities such as sunflower oil, with about 2 million t.

Coceral, Fediol and Fefac consider it essential to address the immediate practical problems for vessels coming to Europe from Ukraine, to anticipate possible negative impacts on food and feed supply chains. It is urgent to establish contingency plans that will help mitigate the loss of Black Sea origin for these commodities, he said.

Companies in all sectors represented by the associations are taking steps to ensure the safety of their local employees, honor contracts and try to help where they can, it adds. Ukraine is so important to the EU's supply of agricultural raw materials and ingredients, it said. The inability to import from this country will lead to serious shortages, both for the feed and food industries, it said.
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