Ukraine: Grain and Feed Annual

  |   Attaché Report (GAIN)   |   UP2021-0017

Marketing year (MY) 2020/21 in Ukraine resulted in lower-than-expected production volumes for all major grains (wheat, barley and corn). Yields decreased due to excessively dry weather in spring-summer 2020. The combination of growing domestic grain prices and government-imposed export caps slowed the pace of exports. This slowing of exports may translate into higher ending stocks, especially for wheat. Domestic demand for grains is gradually shrinking due to decreasing population and animal numbers. MY2021/22 production is forecast higher compared to MY2020/21 numbers translating into a higher MY2021/22 export forecast as well.

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