USDA lifted its forecast for Black Sea grain exports by 1.3 MMT
12 February, 2020 at 15:02In the USDA’s February report, the majority of estimates for Black Sea 2019/20 grain production and exports remained unchanged from January’s forecast. The changes concerned the following positions:
- The forecast for corn production in Ukraine was raised (+300 KMT),
- The forecast for corn exports from Ukraine was increased by 500 KMT,
- The forecast for wheat exports from Kazakhstan was increased by 800 KMT.
Overall, the forecast for Black Sea grain production was lifted by 0.2% (to 198.6 MMT), and the export estimate grew by 1.2% (to 109.7 MMT).
USDA: Estimates for Black Sea grain production and exports in 2019/20 season, MMT (February)
|
Country |
Wheat |
Corn |
Barley |
|||||||||
|
Production |
Export |
Production |
Export |
Production |
Export |
|||||||
|
19/20 (Feb) |
19/20 (Jan) |
19/20 (Feb) |
19/20 (Jan) |
19/20 (Feb) |
19/20 (Jan) |
19/20 (Feb) |
19/20 (Jan) |
19/20 (Feb) |
19/20 (Jan) |
19/20 (Feb) |
19/20 (Jan) |
|
|
Ukraine |
29.0 |
29.0 |
20.5 |
20.5 |
35.8 |
35.5 |
31.0 |
30.5 |
9.5 |
9.5 |
5.0 |
5.0 |
|
Russia |
73.5 |
73.5 |
34.0 |
34.0 |
14.5 |
14.5 |
5.7 |
5.7 |
20.0 |
20.0 |
5.6 |
5.6 |
|
Kazakhstan |
11.5 |
11.5 |
6.0 |
5.2 |
0.875 |
0.875 |
0.06 |
0.06 |
3.9 |
3.9 |
1.8 |
1.8 |
