March USDA report showed nothing new regarding Ukraine

UkrAgroConsult

Ukraine – no change.

The production estimates for Russia were brought into compliance with the official 2020 harvest results published by the Russian State Statistics Service in late February.

The Kazakh wheat export estimate was raised by 0.2 MMT amid high demand from Central Asian countries.

Thus, the Black Sea grain crop was lowered by 0.02%, to 201.728 MMT, and export potential increased by 0.2%, to 102.16 MMT, UkrAgroConsult reports.

USDA: Estimates of Black Sea grain production and exports in 2020/21 season, MMT (March)

  Wheat Corn Barley
Country Production Export Production Export Production Export
20/21 (Mar) 20/21 (Feb) 20/21 (Mar) 20/21 (Feb) 20/21 (Mar) 20/21 (Feb) 20/21 (Mar) 20/21 (Feb) 20/21 (Mar) 20/21 (Feb) 20/21 (Mar) 20/21 (Feb)
Ukraine 25.5 25.5 17.5 17.5 29.5 29.5 24.0 24.0 8.0 8.0 4.2 4.2
Russia 85.354 85.3 39.0 39.0 13.872 14.0 3.1 3.1 20.629 20.6 5.4 5.4
Kazakhstan 14.256 14.256 7.7* 7.5* 0.958 0.958 0.06 0.06 3.659 3.659 1.2 1.2

*incl. wheat flour in grain equivalent

More detailed information on the latest trends in grain exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for Online Analytics “Black Sea Grain” in the new innovative tool for agri market participants – AgriSupp by UkrAgroConsult. Subscribe to a 3-day free trial!!

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