Corn yield in Ukraine turned out to be above expectations

As of November 25, the corn harvest was 87% complete with 35 MMT harvested from 4.8 Ml ha with an average yield of 7.33 MT/ha, UkrAgroConsult reports.

In the west, corn yield while harvesting turned out to be higher than expected.

We believe corn yield may stay above 7.3 MT/ha towards the end of harvesting. In this case, the crop would be quite likely to exceed 40 MMT in bunker weight. Final crop size will be at a record high level.

According to our estimates, the corn share in the domestic use of the major grains will increase because of corn in Ukraine has become cheaper than both wheat and barley.