Ukrainian grain could become a victim of war with Russia - Reuters

Published 2025년 4월 24일

Tridge summary

Ukraine, a major global grain supplier, has experienced a decline in grain production since its record harvest in 2021-22, with this trend likely to persist until 2025-26 due to war-related logistical challenges and economic factors. This decline may reduce Ukraine's export share, benefiting competitors like the US. Despite reduced sown areas and dry weather affecting wheat production, Ukraine has managed to export most of its crop, although the livestock sector has struggled, impacting domestic feed demand. Conversely, oilseeds such as sunflower, soybean, and rapeseed are more profitable, with record harvest areas expected due to strong external demand and a developed processing network. The National Bank of Ukraine anticipates increased harvests, potentially easing food inflation.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Ukraine’s grain harvest is far from the largest in the world. However, the country has established itself as a key global grain supplier thanks to its ability to export most of its crop. Reuters market analyst Karen Brown writes that Ukraine’s success has been helped by a rapid increase in corn production, which tripled in the 2010s. Unfortunately, after a record harvest in 2021-22, Ukraine’s grain production has declined markedly. Some early forecasts suggest that this gloomy trend could continue into 2025-26, which, if realized, could further reduce Ukraine’s export share and benefit competing suppliers such as the United States. In addition, a meager Ukrainian wheat harvest and Russia’s relatively mediocre outlook could put pressure on global wheat supplies in 2026. But against the grain gloom, oilseeds remain a bright spot for Ukrainian farmers. Since 2022, Ukraine’s grain industry has been largely unprofitable due to logistical problems related to the war and other ...

Source: Unian