15:16 10.02.2017

USDA revises grain exports forecast for Ukraine 1.5 mln tonnes up for 2016/17

1 min read
USDA revises grain exports forecast for Ukraine 1.5 mln tonnes up for 2016/17

The .S. Department of Agriculture (USDA) in February 2017 revised upwards the grain exports forecast for Ukraine in 2016/17 agricultural year (July-June) by 1.5 million tonnes, to 40.4 million tonnes compared to the January forecast.

According to a posting on the USDA website, wheat exports forecast was revised upwards by 800 tonnes, to 16.5 million tonnes and corn exports – by 700 tonnes, to 18.7 million tonnes.

The grain harvest forecast was increased by 1.4%, to 66 million tonnes thanks to the increase of the corn harvest forecast by 1 million tonnes, to 28 million tonnes.

Sunflower oil production forecast for 2016/17 agri-year (September-August) was revised by 1.9% up, to 5.76 million tonnes and oil exports forecast – by 2%, to 5.1 million tonnes , with the sunflower seed harvest being projected at 13.75 million tonnes.

USDA said that sunflower meal production in Ukraine would be 5.49 million tonnes and exports would reach 4.8 million tonnes.

AD
AD
AD
AD