Browse Data and Analysis

A number of factors have converged over the last 18 months to send global agricultural commodity prices to near-record levels. Russia’s invasion of Ukraine – and the potential loss of Ukrainian exports – was the latest development to push commodity prices higher.

Production of dairy products is expected to decrease in 2016 due to reductions in fluid milk supply.

2015 corn production is forecast to be 7.3 MMT less than the 2014 harvest. MY 2015/16 corn exports are forecast at 12.5 MMT; down from 19.4 MMT in MY 2014/15.

On September 20, 2015, The Ukrainian Parliament has conducted a major reform of the food safety system by implementing Law 1602.