Ukraine forecasts decrease in grain harvest to 46 million tons

UkrAgroConsult

This year’s grain harvest in Ukraine is expected to be about 46 million tons, down 5-7% from last year. This was announced by Taras Vysotsky, First Deputy Minister of Agrarian Policy and Food, during a national telethon.

“As of today, we have a weighted average forecast: it is expected that about 46 million tons of grain will be harvested. Unfortunately, this is less than last year. The decrease is about 5-7%,” he said. At the same time, Mr. Vysotsky noted that domestic grain consumption is 18 million tons.

“Therefore, even if we harvest 46 million tons, it is still 2.5 times more than the domestic demand, so there is no risk of grain shortage for domestic purposes today,” the First Deputy Minister emphasized.

As reported, the Ukrainian Grain Association preliminarily estimates the potential harvest of 2023 at 68 million tons of grains and oilseeds, which is 36% less than the 2021 harvest (106 million tons) before Russia’s full-scale invasion. In 2022, the harvest, according to the UGA, reached 73.8 million tons of grains and oilseeds.

Tags: Ukraine, grain, crop forecast