What Ukraine’s grain market will show in 2018

20.12.2017

Ahead of the New Year, UkrAgroConsult Company traditionally assesses the distribution of crop planted areas for next year’s harvest.

Below we’ll consider in more detail possible patterns of placing staple crops in Ukraine in the current market conditions.

Wheat traditionally occupies the largest area among cereals in Ukraine – it accounts for some 43-45% of grain plantings in recent years. To a major degree, dynamics of the area seeded to this or that crop is influenced by their margins. So, profitability of wheat production in Ukraine has been slowly but steadily increasing since a few years ago.

In our opinion, no substantial changes will occur in Ukraine’s wheat market in 2018, neither in prices (i.e. they will keep recovering) nor in planted areas.

To know about prospects of other grains acreage (barley, corn) please read in the full version of the article available to subscribers for weekly market report “Black Sea Grain” and “Online market review” by UkrAgroConsult.

 

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