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This report is intended to capture the estimated changes in the trade of major grains for marketing year (MY)2022/23 resulting from the extension of the Black Sea Grain Initiative for the next 120 days at the end of November 2022. MY2022/23 corn production estimates were updated as well.
Production of wheat in MY 2016/17 is forecast to decrease based on lower production area under this crop planted in Autumn 2015.
Sugar beet and sugar production in Ukraine is expected to decrease in marketing year 2015/16 in response to the current economic situation in the country.