KYIV. Oct 18 (Interfax-Ukraine) – The United States Department of Agriculture (USDA) has downgraded its forecast for maize exports from Ukraine in the 2017/2018 marketing year (MY, July-June) by 500,000 tonnes compared to the forecast in September, to 21.5 million tonnes.
According to a report on the website of the U.S. department, the forecast for corn yield in 2017 is also reduced by 500,000 tonnes, to 27 million tonnes, compared to the September forecast.
In general, the USDA predicts grain harvest in Ukraine in 2017 at the level of 63.49 million tonnes, including 26.5 million tonnes of wheat.
According to the forecasts of the U.S. agency, grain exports in the 2017/2018 MY will amount to 42.81 million tonnes, of which wheat is 16.5 million tonnes.
As reported, with reference to the preliminary data from the Ministry of Agrarian Policy and Food, grain and flour exports in the 2016/2017 MY totaled 44.44 million tonnes.
