The U.S. Department of Agriculture (USDA) in August improved the forecast for maize crop in Ukraine in 2018 by one million tonnes compared to the July forecast, to 31 million tonnes. According to a report on the website of the U.S. department, the forecast for maize exports for the 2018/2019 marketing year (MY, July-June) was also increased by 500,000 tonnes, to 24.5 million tonnes.
The USDA maintained the forecast for wheat exports from Ukraine in the 2018/2019 MY at 16.5 million tonnes with the yield being 25.5 million tonnes, which corresponds to the figures published in July.
In general, the U.S. department raised the forecast for grain harvest in Ukraine by 1.85 million tonnes, to 65.6 million tonnes, exports by 1.45 million tonnes, to 45.66 million tonnes.
As reported, with reference to the Ministry of Agrarian Policy and Food of Ukraine, exports of grains in the 2017/2018 marketing year, according to preliminary data, amounted to 39.4 million tonnes against 43.8 million tonnes for the previous MY.
The harvest of grain in Ukraine in 2017 amounted to 61.28 million tonnes, which is 4.7 million tonnes less than in 2016.