Ukraine Grain Exports to Double, Next Year’s Acreage Will Shrink

Officials expect Ukraine’s key agricultural exports – grains, oilseeds and oils – to rise to about 4 MMT this month, up from 3 MMT in July. By October, the country’s ag minister told Ukraine could export 6 MMT to 6.5 MMT of grains and oilseeds as is ports normalize.

The ag minister says winter wheat acreage will fall by at least 20% from this year due to Russia’s invasion. He said Ukraine’s corn planted area is also likely to decline and be replaced by more oilseeds and sunseeds.

Tags: agricultural exports, ports, oils, sunseeds, Ukraine, corn, export, winter wheat, Grains, oilseeds