Business news from Ukraine

Business news from Ukraine

USDA REVIEWS UPWARDS FORECAST FOR WHEAT EXPORTS FROM UKRAINE IN 2017/18 AGRI-YEAR BY 500,000 TONNES

13 December , 2017  

KYIV. Dec 13 (Interfax-Ukraine) – The United States Department of Agriculture (USDA) in December reviewed downwards its forecast for exports of wheat from Ukraine in the 2017/18 agricultural year (July-June) by 500,000 tonnes compared with the November forecast, to 17 million tonnes.
According to a report of the USDA, the forecast for exports of corn was left at 20.5 million tonnes.
USDA projects that grain harvest in Ukraine in 2017 would be 61.49 million tonnes, including 26.5 million tonnes of wheat and 25 million tonnes of corn.
Exports of grain in the 2017/18 agri-year would be 42.41 million tonnes.