UGA’s worst expectations are for the harvest and export of corn in Ukraine

Forecasts for the corn harvest in the new season are deteriorating due to the prolonged dry period in a number of regions.

The Ukrainian Grain Association (UGA) estimates the corn harvest at 23.4 million tons, which is 2.1 million tons lower than the previous estimate and 6.2 million tons less than last year’s harvest of 29.6 million tons.

At the same time, potential exports may amount to about 18.5 million tons (last season, exports amounted to 29.3 million tons, in particular due to carryover corn stocks).

Tags: corn, export, crop forecast, Ukraine