Grain Market Analyst
Spring planting in Ukraine is drawing to an end. Its main outcomes include a smaller than projected area of spring barley and an above-target one planted to corn.
Abundant precipitation in the most favorable period for planting hindered fieldwork in many regions of the country. At the same time, heavy rainfall promoted emergence and initial growth of corn plants. In addition, adequate moisture content in the soil makes it possible to continue corn planting in many regions of the country by now, even though the best time for this has already expired.
Farmers had planted 4730 Th ha to corn by June 6 (101% of plan) that is up 3.6% year-on-year. Last year, corn planting was already over by this date, but it is still in progress now. Some regions (Chernihiv, Poltava, Sumy, Cherkasy etc.) have already planted larger areas to this crop than projected, while others (Kyiv, Ternopil), on the contrary, have not hit the target yet.
UkrAgroConsult has raised its forecast for the 2019 corn crop in Ukraine. The estimate for 2019/20 exports has been increased by 0.5 MMT.
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