Ukraine's share in the world rye market will increase significantly
Rye
Ukraine
Published Nov 11, 2021
Tridge summary
World rye production will decline by 5% in 2021/22 MY due to reduced sown areas in the EU and reduced yields in Russia and Canada due to adverse weather conditions. This was announced by grain market analyst "UkrAgroConsult" Marina Marinich, citing the USDA forecast. "As a rule, the largest consumers of rye are its main producers, and surplus production is exported.
Original content
That is why the main exporters of rye do not change from year to year, only their share in world exports changes depending on the size of the harvest," she explains. As expected, in 2021/22 MY Ukraine's share in world exports of rye will increase not only due to the growth of its own production, but also due to a reduction in supply from other exporters. Moreover, Ukrainian exports should grow many times over, analysts say. "Given the growing demand for Ukrainian rye this season, more and more attention will be focused on the state of rye crops next 2022," the statement said. According to the Ministry of Agrarian Policy, as of November 1, winter sowing was completed by 98% of the plan, which ...
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