USDA attache raises Ukraine 2023/24 corn, wheat export estimates
Following are selected highlights from a report released on Tuesday by the U.S. Department of Agriculture’s (USDA) Foreign Agricultural Service post in Kyiv:
“Ukraine’s MY2023/24 harvest features higher grain production volumes across the board than the previous year. By the end of 2023, Ukraine independently resumed operations of its major marine ports on the Black Sea, Chornomorsk, Odesa, and Pivdennyi. It increased the throughput of the Danube River export routes. December’s exports show sufficient export bandwidth to export MY2023/24 beginning stocks down to average historical levels alongside shipping out nearly the entire MY2023/24 crop of major grains. This report features higher MY2023/24 export estimates and lower MY2023/24 ending stocks for all, grains compared with estimates made in October 2023.”
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