Ukraine. UkrAgroConsult forecasts record grain exports in 2019/20 season

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Ukraine. UkrAgroConsult forecasts record grain exports in 2019/20 season



Maryna Sych


Grain Market Analyst

- UkrAgroConsult has raised its forecast for Ukraine’s 2019 wheat crop to an all-time high. The crop is likely to increase due to an expected high yield of winter wheat. The condition of winter wheat in Ukraine is the best in five years, and its yield potential will be still improved by rainfall that came to Ukraine at a critically important time for wheat (late April – May);

- wheat exports from Ukraine were raised also to a record.

Thus, according to UkrAgroConsult’s estimates, this year’s grain crop in Ukraine may remain at a record level. In this case, export availabilities may be higher than in MY 2018/19 due to increased carryovers along with an expected rise in Ukrainian wheat and barley production.

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