Ukraine in 2017/18 agri-year could export 38-39 mln tonnes of grain with near 60 mln tonne harvest - expert
KYIV. July 12 (Interfax-Ukraine) – Grain harvest in Ukraine in 2017 is projected at 60 million tonnes, and exports in the 2017/18 agricultural year (July-June) – at 38-39 million tonnes.
"The grain harvest is expected at 60 million tonnes compared to 64-66 million tonnes last year, according to various estimates," expert of the grain market of UkrAgroConsult Yelyzaveta Malyshko said at a press conference at Interfax-Ukraine on Wednesday.
She said that this season Ukraine would harvest around 24 million tonnes of wheat, and the export potential for wheat will be 15 million tonnes.
The maize harvest is assessed at 26 million tonnes. Exports could reach 19.5 million tonnes.
"If in the 2016/17 agri-year we had 44.3 million tonnes of exported grain, in 2017/18 the figure will be 38-39 million tonnes with low ending stocks of grain," the expert said.
Malyshko said that a trend of cutting areas planted with grain crops is seen in the world.
"In five years the areas planted with grain crops in Ukraine narrowed by 12%. This season the trend is not clearly seen. The reduction of fields with barley in Ukraine was compensated by the expansion of areas with winter wheat," she said.
The expert said that prices of wheat with high protein content are growing on the international market.
"Black Sea wheat with 12.5% of protein content cost more than $190 per tonne and this is $25-27 more than a year ago," she said.
She said that this year the bread wheat harvest in Ukraine would be good as the weather is good for protein content in wheat.
UkrAgroConsult Director General Serhiy Feofilov said that due to changes of climate and the higher price of bread wheat Ukraine will make large efforts to plant durum wheat and the areas planted with this crop would expand.