KIEV, UKRAINE — With better-than-expected weather conditions and a growing demand in the global market, Ukraine’s agricultural ministry on Sept. 11 raised its grain export forecast for the 2018-19 marketing year.
The ministry released a statement in which it raised its projection for the grain harvest this market year, which runs from July 1, 2018, to June 30, 2019, from about 60 million tonnes to 63.1 million tonnes.
It said the increased production would enable Ukraine to supply abroad about 42 million tonnes of grain in the current marketing year compared with the previously estimated 40.6 million tonnes.
Ukraine harvested 61.3 million tonnes of grain in 2017-18 and exported 39.4 million tonnes that year.
It is a major exporter of barley, corn and wheat.