ao link


Linked In

Latest crop production, export forecasts from Ukraine, Romania


Ukraine’s grain traders union, UGA, has raised its corn production forecast by 2.1 million metric tonnes to 38.9m tonnes. This also prompted a 2.7m tonnes rise in its corn export forecast, to 30.3m tonnes.


The union made no change to its 2020 wheat production forecast of 26.8m tonnes or its exports of 18m tonnes.


Meantime, Romania’s wheat crop production has been reduced by drought, with rains in recent weeks coming too late to save yields.


Yields fell from 4.8 tonnes per hectare in 2019 to 2.9 tonnes/ha in 2020, reported Ag Minister Adrian Oros. Romania is expected to harvest a 5.5 to 5.6m tonne wheat crop in 2020, which is around a 40% decline from 2019.

Related Stories

ANALYSIS: Are China's wheat imports about to get the corn treatment?

Competitive pricing is driving Chinese livestock feeders to use more grain in their rations. That could see wheat imports far exceed current forecasts

Cotton, wheat futures gain as USDA stocks downgrades top forecasts

A cut in the Wasde to the forecast for world wheat stocks proves a particular "surprise". But exuberance is capped by downbeat soybean data revisions

Key data in April 9 Wasde, and how they compared with market forecasts

Details of key statistics in the USDA’s Wasde report, which sent corn, cotton and wheat prices higher, but undermined soybean futures

Rapeseed worries mount, as Ukraine looks at lower exports

US officials forecast a drop in Ukraine rapeseed exports, just as weather is testing crops in top producers Canada and the EU. In Australia, however...
Home | About | RSS | Commodities | Companies | Markets | Legal disclaimer | Privacy policy | Contact

Our Brands: Comtell | Feedinfo | FGInsight

© 2021 and Agrimoney are trademarks of Agrimoney Ltd
Agrimoney is part of AgriBriefing Ltd
Agrimoney Ltd is registered in England & Wales. Registered number: 09239069