Ukraine. Grain supply and demand balance, August 2016

25.08.2016

Elizaveta Malyshkois a grain market leading expert of "UkrAgroConsult"

As of August 19, wheat and barley harvesting was almost complete. Farmers obtained 26.37 MMT of wheat and 9.77 MMT of barley in bunker weight. The weather was favorable during grain harvesting. Therefore, losses are expected to be minimal while grain finishing – 1.5-3%.

UkrAgroConsult has raised the estimate of wheat gross crop by 1 MMT, barley – by 0.6 MMT.

Corn production prospects are also promising. Warm weather and precipitation created favorable conditions for corn vegetation this summer. Average productivity is expected to be all-time high or close to record high – nearly 6 MT/ha.

ukraine wheat yield

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

 

 

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