Ukraine: Grain and Feed Annual

  |   Attaché Report (GAIN)   |   UP2024-0008
Grain production in Ukraine has remained unprofitable since the Russia’s invasion, and this is expected to translate into decreased grain area for MY2024/25. With CY2024 yields forecast below the previous near-record-breaking CY2023, the total grain MY2024/25 production volume is forecast to be lower than for the previous marketing year. Exports are also forecast to be down, but improved port logistics in the Black Sea are supporting exports and resulting in low ending stocks estimated and forecast for MY2023/24 and MY2024/25. The EU became the primary market for Ukrainian grains for MY2023/24 due to the temporary suspension of import duties and quotas, and this is expected to continue in MY2024/25.

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