Business news from Ukraine


13 March , 2018  

The U.S. Department of Agriculture (USDA) in March improved its forecast for wheat exports from Ukraine in the 2017/2018 marketing year (MY, July-June) by 200,000 tonnes compared to the forecast in February, to 17.2 million tonnes.
According to a report on the website of the U.S. agency, the forecast for corn exports for the 2017/2018 MY did not change and remained at the level of 20 million tonnes.
In general, USDA predicts grain crop in Ukraine in 2018 at the level of 61.05 million tonnes, including 26.98 million tonnes of wheat and 24.12 million tonnes of maize.
According to the forecasts of the U.S. department, grain exports in the 2017/2018 MY will amount to 42.31 million tonnes.
As reported, with reference to data from the Ministry of Agrarian Policy and Food, grain and flour exports in the 2016/2017 MY amounted to 44.44 million tonnes.
Exports of wheat amounted to 17.531 million tonnes (592,000 tonnes more from the previous MY), maize to 20.703 million tonnes (3.294 million tonnes more), barley to 5.354 million tonnes (941,000 tonnes more), rye to 11,400 tonnes (7,000 tonnes less), other grains to 304,000 tonnes (61,000 tonnes more), and flour to 402,900 tonnes (54,000 tonnes more).