Ukraine: Grain and Feed Update

Ukraine harvested a record-breaking volume of wheat and barley for MY2019/20, while corn production was similar to the MY2018/19 volume. To date, the 2020 climate conditions have been mixed. Farmers’ spring planting decisions will be predominantly influenced by economic factors. Both domestic food and feed consumption remain stable, which means that any growth in production would likely translate into a growth in MY2020/21 exports. The introduction of a land market and the current COVID-19 pandemic introduce additional wild cards for Ukrainian farmers and exporters.

Ukraine: Grain and Feed Update