In September, the U.S. Department of Agriculture raised its forecast for feed grain production in Ukraine for the 2026/27 marketing year by 0.5 million metric tons—to 39.09 million metric tons, according to data from the WASDE report.
The USDA includes corn, barley, sorghum, oats, rye, millet, and mixed grains in this category. Since the corn production forecast for Ukraine remained unchanged at 31.8 million metric tons, production of other feed grains is estimated at approximately 7.29 million metric tons, compared with about 6.79 million metric tons in the August forecast.
The USDA explicitly states that in September it raised its estimate for barley production in Ukraine, as well as in Australia and Kazakhstan.
At the same time, the forecast for total feed grain exports from Ukraine has been lowered from 24.27 million metric tons to 23.77 million metric tons. Since corn exports are still estimated at 22 million metric tons, other feed grains account for about 1.77 million metric tons of exports, which is 0.5 million metric tons less than the August estimate.
Total domestic consumption of feed grains in Ukraine has been raised from 11.24 million metric tons to 11.34 million metric tons, while the forecast for ending stocks has been raised from 7.13 million metric tons to 8.63 million metric tons.
This figure of 8.63 million metric tons includes corn, for which the USDA estimates ending stocks at 5.46 million metric tons. Consequently, the remaining feed crops account for approximately 3.17 million metric tons of ending stocks.
The increase in production, coupled with a downward revision of the export forecast, suggests that grain supply in Ukraine’s domestic market is likely to rise in the 2026/27 marketing year.
Source: USDA WASDE-675, published on September 11, 2026: official USDA report
In its September forecast, the U.S. Department of Agriculture (USDA) raised its estimate for wheat production in Ukraine in the 2026/27 marketing year by 0.6 million metric tons compared to August—to 26 million metric tons—but at the same time lowered its forecast for Ukrainian exports by 1 million metric tons—to 12.5 million metric tons.
According to the September World Agricultural Supply and Demand Estimates (WASDE) report, published by the USDA on September 11, 2026, the upward revision of the harvest forecast is due to record-high yields of Ukrainian wheat as the harvest nears completion. In August, the agency had estimated production at 25.4 million metric tons.
The forecast for domestic consumption of Ukrainian wheat has been raised from 9.2 million metric tons to 9.5 million metric tons, including feed consumption—from 4.2 million metric tons to 4.5 million metric tons.
At the same time, the USDA significantly raised its forecast for Ukraine’s ending wheat stocks—from 4.8 million metric tons in the August forecast to 6.1 million metric tons in September. Imports are expected to total 0.1 million metric tons.
Thus, despite the improved harvest estimate, the additional production is not translating into a corresponding increase in exports and is largely contributing to a buildup in domestic stocks.
The USDA attributes the downward revision of Ukraine’s export estimate—as well as Russia’s—to slow shipment rates in August and logistical challenges in the Black Sea region due to the ongoing war.
Ukraine remains one of the largest suppliers of wheat to the global market. According to the USDA forecast, global wheat trade in the 2026/27 marketing year will total approximately 211.8 million metric tons.
Source: USDA WASDE-675 report dated September 11, 2026: USDA WASDE September 2026
Global wheat production in the 2026/27 marketing year will total 822.43 million metric tons, which is 3.13 million metric tons higher than the U.S. Department of Agriculture’s August forecast, according to the Experts Club information and analytical center.
According to the September USDA report, one of the main factors behind the revision was an improvement in the crop outlook in Australia. The forecast for the country was raised by 3 million tonnes at once — from 28 million tonnes to 31 million tonnes thanks to favorable weather conditions.
For Canada, the production forecast was increased by 1 million tonnes — to 36 million tonnes, and for Ukraine — by 0.6 million tonnes, to 26 million tonnes. At the same time, the forecast for Kazakhstan was reduced by 1 million tonnes — to 15 million tonnes, and for Russia — by 0.5 million tonnes, to 88 million tonnes.
Despite the increase in production, the forecast for global wheat trade was reduced by approximately 0.9 million tonnes — to 211.77 million tonnes.
USDA cut its estimates for Russia’s exports from 46 million tonnes to 43 million tonnes, Ukraine’s — from 13.5 million tonnes to 12.5 million tonnes, as well as Kazakhstan’s. The decline is partially offset by increased exports from Australia, Canada and Argentina.
The U.S. agency explained the deterioration in the outlook for Russian and Ukrainian exports by weak August shipments amid the fact that the war in the Black Sea region is complicating logistics.
Global wheat consumption is forecast at 826.75 million tonnes, while ending stocks were increased by approximately 3 million tonnes — to 276.29 million tonnes. The main increase in stocks is expected in Russia, Australia and Ukraine.
Primary source — USDA World Agricultural Supply and Demand Estimates dated September 11, 2026: WASDE-675, September 2026
According to Experts Club, the U.S. Department of Agriculture has maintained its forecast for corn production in Ukraine in the 2026/27 marketing year at 31.8 million metric tons, despite a significant revision to the global corn harvest estimate.
According to the USDA’s September WASDE report, the forecast for Ukrainian corn exports has also remained unchanged at 22 million metric tons. Domestic consumption is expected to reach 7.2 million metric tons, of which 5.5 million metric tons will be used for feed.
At the same time, the U.S. agency raised its forecast for Ukraine’s ending corn stocks by 0.6 million metric tons—from 4.86 million metric tons in August to 5.46 million metric tons in September.
Opening stocks were also revised upward—from 2.25 million metric tons to 2.85 million metric tons. Corn imports are expected to be minimal—about 10,000 metric tons.
The situation on the global market is unfolding differently. The USDA has lowered its forecast for global corn production in the 2026/27 marketing year by nearly 8 million metric tons—from 1,298.88 million metric tons to 1,290.95 million metric tons.
The forecast for global corn trade was reduced by a much smaller margin—from 210.48 million metric tons to 210.08 million metric tons—and the forecast for ending stocks was lowered from 274.66 million metric tons to 272.10 million metric tons.
The main decline in production is linked, in particular, to worsening forecasts for the United States, India, Kenya, and Russia. At the same time, production estimates for the EU were raised.
Source: USDA WASDE-675 dated September 11, 2026: USDA September Report
The Perfect Group plans to launch its own apartment renovation program for homebuyers in October 2026 and intends to import some of the finishing materials for the program directly from China.
The “7 KVARTAL” residential complex will serve as the pilot project, Perfect Group CEO Oleksiy Koval said in an interview with Interfax-Ukraine. The company is also discussing with banks the possibility of offering loans for apartment renovations.
One of the reasons for launching the program was the sharp rise in the cost of construction work and a shortage of renovation crews. According to the developer’s estimates, labor costs today can account for half the cost of renovations or even exceed the cost of materials.
To reduce costs, Perfect Group has reviewed offers from building materials manufacturers in China and is already arranging its first shipments.
In particular, the company intends to use HPL-like panels, which eliminate the need for some traditional processes such as plastering, wall preparation, painting, or wallpapering. According to the developer’s calculations, this solution should reduce renovation time and costs.
The company is also considering importing other construction products from China, including certain types of rebar and facade solutions. At the same time, Perfect Group believes it is more appropriate to source tiles, laminate flooring, and interior doors from Ukrainian manufacturers.
The group’s in-house production is currently focused primarily on aluminum and metal-plastic windows. Looking ahead, the company also does not rule out launching the production of cabinetry.
Perfect Group has been operating in the Ukrainian real estate market since 1991.
The cost of construction work and materials in Ukraine has risen by approximately 30% since the beginning of 2026, with the labor shortage remaining the main factor driving up prices, according to Oleksiy Koval, CEO of Perfect Group.
According to him, labor costs are rising the fastest, followed by construction materials in terms of the rate of increase. However, this estimate of approximately 30% growth does not account for the additional impact of currency fluctuations and indexation.
The cost structure for apartment renovations has also changed. Before the full-scale war, materials accounted for about 70% of renovation costs, while labor accounted for 30%. Now the ratio is closer to 50/50, and in some cases, the cost of labor already exceeds the cost of the materials themselves.
The labor shortage affects more than just finishing work. Developers are having difficulty finding concrete workers, crane operators, and other skilled professionals.
Another factor driving up costs during the fall and winter months may be the expenses associated with providing autonomous power supply to construction sites. During power outages, interior construction work requires the use of diesel generators; accordingly, costs depend on the price of fuel.
Perfect Group already includes generators and uninterruptible power supply systems in the budgets for new projects. Looking ahead, the company is also considering the use of solar panels and gas generators.
According to Koval’s assessment, there are no signs of a slowdown in the growth of construction costs yet.
Perfect Group has been involved in residential and commercial real estate in Ukraine since 1991.
CONSTRUCTION, cost of construction, LABOR, REAL ESTATE, UKRAINE
