Business news from Ukraine

Ministry of Agrarian Policy and Food forecasts gross production of grain and oilseeds at level of 74 million tons

17 April , 2024  

The Ministry of Agrarian Policy and Food forecasts in 2024 gross production of grain and oilseeds at the level of 74 million tons, of which about 52.4 million tons of cereals and 21.7 million tons of oilseeds.

As noted on the agency’s website, at the beginning of last year, the total gross harvest of grains and oilseeds for 2023 was also forecast to be almost 13% lower than the previous period, at 63.5 million tons, but weather conditions led to an increase in the harvest. Therefore, gross production in 2023 is about 82 million tons, of which cereals more than 60 million tons and oilseeds about 22 million tons.

“Forecasts for gross harvest figures are preliminary and will be adjusted during the year depending on circumstances, primarily weather conditions,” the Ministry of Agrarian Policy emphasized.

According to the forecast, in 2024, farmers will be able to harvest cereals in the following volumes: wheat – 19.2 million tons (22.2 million tons were harvested last year), barley – 4.9 million tons (5.7 million tons in 2023) and corn – 26.7 million tons (30.5 million tons).

Among oilseeds, soybeans are projected to increase. This crop is expected to produce 5.2 million tons, a year earlier 4.7 million tons were harvested. Sunflower production is forecast at 12.4 million tons versus 12.9 million tons, respectively. Rapeseed is planned to be harvested at 4.1 million tons, while last year’s crop was 4.7 million tons.

Sown areas of grain and leguminous crops are forecast at 10.6 million hectares, which is 395 thousand hectares less than in 2023. Of these, winter wheat is sown on 4.3 mln ha (-0.3 mln ha), spring wheat – 0.2 mln ha. (+0.2 thousand ha), winter barley – 0.47 million ha (-0.15 million ha).

The area of spring barley is forecasted at 0.94 million hectares (+0.06 million hectares), corn – 3.9 million hectares (-62 thousand hectares).

Among oilseeds, the area sown with soybeans is increasing. It is forecasted that it will be sown on the area of 2.2 million hectares. This is almost 400 thousand hectares more than last year. Sunflower will be sown almost as much as last year – 5.3 million hectares, rape – 1.5 million hectares, which is 0.1 million hectares less than last year.

The Ministry of Agrarian Policy, based on the results of a survey conducted in the State Agrarian Register on the preparation of agricultural producers for the sowing campaign of spring crops for the harvest-2024, reported that 70% of respondents plan to increase the area under soybean by an average of 21% compared to 2023.

The survey also showed that during the spring sowing season Ukrainian agrarians will prioritize grain legumes, the sown areas under which will increase by 11%, and spring barley – by 7%. It is expected that sown areas under spring rape will increase by 24%, sugar beet – by 17%, and under corn will decrease by 9%. Sunflower areas may potentially decrease.

Earlier, the Ministry of Agrarian Policy allowed a reduction in 2024 sown areas under spring crops by 0.5 million hectares or 3.7% compared to last season.

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