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Major bulk commodities, as a share of total U.S. agricultural exports, have risen and fallen dramatically since 2020. Beyond short-term price volatilities that have largely driven these developments, changes to the largest overseas market and an increasingly competitive landscape also affect the prospect for major U.S. bulk exports.
Ukraine’s livestock inventory continued on its three decades-long downward trend and will remain on it in 2021.
In 2021 Ukraine’s chicken meat production and exports are expected to decline for the first time in five years.