USDA once again raised its forecast for corn exports from Ukraine

15 April, 2019 at 16:04

The USDA has published its April’s forecast for global crop production, demand, consumption and exports. The 2018/19 grain production estimates for the Black Sea region were increased due to upward adjustments in Ukraine’s harvests of wheat (+100 KMT), corn (+300 KMT) and barley (+200 KMT). Correspondingly, the forecast for Ukrainian corn exports in MY 2018/19 was raised by 500 KMT.

In addition, USDA experts revised their estimate for 2017/18 wheat output in Russia, increasing it by 200 KMT, reports UkrAgroConsult.

Overall, the estimate for 2018/19 production of major grains in the Black Sea region rose by 0.3%, to 187.1 MMT, and the forecast for their exports gained 0.5%, to 104.8 MMT.

USDA: Estimates for Black Sea grain production and exports in 2017/18 and 2018/19 seasons, MMT (April)

 

Country

Wheat

Corn

Barley

Production

Export

Production

Export

Production

Export

18/19

17/18

18/19

17/18

18/19

17/18

18/19

17/18

18/19

17/18

18/19

17/18

Ukraine

25.1Описание: Описание: arrow1

27.0

16.5

17.8

35.8Описание: Описание: arrow1

24.1

29.5Описание: Описание: arrow1

18.0

7.6Описание: Описание: arrow1

8.7

3.8

4.3

Russia

71.7

85.2Описание: Описание: arrow1

37.0

41.4

11.4

13.2

3.0

5.53

16.7

20.2Описание: Описание: arrow1

4.7

5.9

Kazakhstan

13.9

14.8

8.5

9.0

0.862

0.785

0.050

0.050

4.0

3.3

1.8

1.35