EN UK RU

+38 (044) 364-55-85

Регистрация

one-news

USDA published its forecasts for 2020/21 season

person

Author:

Consulting Agency

UkrAgroConsult

In May, the USDA traditionally published its first estimates for this year’s crop.

Wheat

The wheat production forecast for Ukraine is at 28 MMT. The decrease from the previous season is caused by an acreage reduction. An opposite situation is observed in Russia, where an expansion of plantings made the USDA raise its estimate for the country’s wheat production to 77 MMT. The crop in Kazakhstan is also projected to increase, to 13.5 MMT.

Corn

The corn production forecast for Ukraine is optimistically estimated at 39 MMT (up almost 3 MMT from MY 2019/20). At the same time, exports exceed last year’s estimate by just 1 MMT. Slight production growth is envisaged in both Russia and Kazakhstan.

Barley

Russia reduced its barley acreage in the 2020/21 season, and the production estimate was consequently cut by almost 2.5 MMT vs MY 2019/20. Barley production in Ukraine and Kazakhstan is predicted to increase.

USDA: Estimates for Black Sea grain production and exports in 2019/20 and 2020/21 seasons, MMT (May)

 

Country

Wheat

Corn

Barley

Production

Export

Production

Export

Production

Export

20/21 (May)

19/20 (May)

20/21 (May)

19/20 (May)

20/21 (May)

19/20 (May)

20/21 (May)

19/20 (May)

20/21 (May)

19/20 (May)

20/21 (May)

19/20 (May)

Ukraine

28.0 Опис : Описание: Описание: arrow2

29.2

19.0 Опис : Описание: Описание: arrow2

20.5

39.0 Опис : Описание: Описание: arrow1

35.9

33.0 Опис : Описание: Описание: arrow1

32.0

9.7 Опис : Описание: Описание: arrow1

9.53

5.0 Опис : Описание: Описание: arrow1

4.7

Russia

77.0 Опис : Описание: Описание: arrow1

73.6

35.0 Опис : Описание: Описание: arrow1

33.5

14.5 Опис : Описание: Описание: arrow1

14.3

4.4 Опис : Описание: Описание: arrow1

4.2

17.5 Опис : Описание: Описание: arrow2

19.9

3.6 Опис : Описание: Описание: arrow2

4.1

Kazakhstan

13.5 Опис : Описание: Описание: arrow1

11.45

7.1 Опис : Описание: Описание: arrow1

6.0

0.90 Опис : Описание: Описание: arrow1

0.896

0.06

0.06

4.4 Опис : Описание: Описание: arrow1

3.8

1.9 Опис : Описание: Описание: arrow1

1.6

 

More detailed information on the latest trends in grain exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for Online Analytics "Black Sea Grain" in the new innovative tool for agri market participants – AgriSupp by UkrAgroConsult. Subscribe to a 14-day free trial!!

Start using analytical data and increase your efficiency now!

Register to get your demo access. http://agrisupp.com/en/register/1

 

UkrAgroConsult

 

Share in social media:

More market news:

If you have any questions, please contact us:

Leave us a message, and our manager
will contact you as soon as possible.