UkrAgroConsult cuts its forecast for Ukraine’s corn crop

08.11.2017

The corn harvest in Ukraine is in full swing: farmers have already harvested over 60% of the projected area. Its progress is now 5% ahead of 2016, though it lagged behind last year some time ago. The same cannot be said of corn yield, which is down 16-18% year-on-year (nevertheless, it shows an upward trend).

A substantial drop in corn yields against 2016 is observed in most of Ukraine’s regions. That is why UkrAgroConsult cuts its forecast for Ukrainian corn production. As a result, its exportable stocks may shrink by 7% below the 2016 level. 

Full version of the article is available to subscribers for weekly market report “Black Sea Grain” and “Online market review” by UkrAgroConsult.

 

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