Commodities and Futures News

Analyst raises Ukraine 2022/23 grain harvest, export forecast

2022.04.23 10:20

Analyst raises Ukraine 2022/23 grain harvest, export forecast
FILE PHOTO: A driver unloads a truck at a grain store during barley harvesting in the village of Zhovtneve, Ukraine, July 14, 2016. REUTERS/Valentyn Ogirenko/File Photo

KYIV (Reuters) – Analyst APK-Inform on Saturday raised its forecasts for Ukraine’s 2022/23 grain crop and exports due to a better than expected winter harvest.

The consultancy said in a statement that Ukraine could harvest 41.4 million tonnes of grain in 2022, including almost 17 million tonnes of wheat and 18.5 million tonnes of corn.

APK-Inform said 2022/23 exports could also rise to 33.2 million tonnes versus the previous outlook of 29.9 million tonnes.

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