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Ukraine's share in the world rye market will increase significantly, according to USDA

Rye
Ukraine
Published Nov 12, 2021

Tridge summary

According to the USDA forecast, 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.

Original content

This was reported by UkrAgroConsult. It is noted that the largest consumers of rye are its main producers, and surplus production is exported. 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. According to the USDA, in 2021/22 MY, Ukraine's share in world rye exports will increase not only due to the growth of its own production, but also due to a reduction in supply from other exporters. According to UkrAgroConsult analysts, Ukrainian exports should grow exponentially. Given the growing demand for Ukrainian rye this season, more and more attention will be focused on the state of rye crops next 2022. It will be recalled that according to the Ministry of Agrarian Policy, as of November 1, 7.1 million ...
Source: Agrobusiness
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