Wheat harvest in Ukraine in 2023 may amount to only 17.9 million tons

Ukraine

Published Jun 5, 2023

Tridge summary

The Ukrainian Grain Association preliminarily estimates the potential harvest of 2023 at the level of 68 million tons of grain and oilseeds, which is approximately 8% less than the 2022 figure (73.8 million tons), the UZA press service reported. "The much lower volume of the future harvest is due to the occupation of part of the territory of Ukraine, mining, warfare, as well as the lack of funds and other resources of farmers for a full-fledged sowing campaign and crop cultivation.

Original content

In particular, according to UZA's assessment, a total of about 19.5 million hectares will be sown, compared to 25 million hectares in previous years. Of course, a lot depends on how the sowing will be completed, and on further weather conditions," the report says. Exports from Ukraine under such conditions in the 2023/24 season may amount to 43.9 million tons. At the same time, transitional balances at the beginning of the new season may amount to about 11.9 million tons of grain and oilseeds, which is 3 times more than in previous seasons, except for 2022/2023 MR, when the balances were maximum - about 25 million tons. "The wheat harvest in Ukraine in 2023 may amount to only 17.9 million tons with a decrease in the area under grain crops by more than 2 million hectares. Export of wheat in 2023/24 MR, given the smaller harvest, may amount to about 15 million tons," the analysts clarified. The estimate of the barley harvest is 4.4 million tons, and its export in 2023/2024 MR can be ...

Source: Agravery