It said the forecast for Ukrainian grain exports in 2016-17 rose to 41.6 million tonnes from 40.2 million. The corn export forecast was increased from 17.2 million tonnes to 18.5 million.
Ukraine exported 21.22 million tonnes of grain in 2016-17 by Dec. 22, 2016, including 10.88 million tonnes of wheat, 4.25 million tonnes of barley and about 5.99 tonnes of corn.
Ukraine exported 39.5 million tonnes of grain in 2015-16, which was up 13.5% year on year.
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KANSAS CITY, MISSOURI, US — It was a bumpy ride for the global grain industry in 2024.
An already unstable geopolitical situation worsened with military conflicts expanding in Ukraine and the Middle East. Transporting grain efficiently was a challenge, in part because of those wars. And several of the world’s largest agribusiness companies saw profits tumble in a suboptimal economic climate for global agriculture.
The establishment in both Europe and the United States saw a conservative backlash against their liberal policies, leading to political unrest in countries such as France and the return of Donald Trump to the US presidency after a four-year absence. The result will likely be a continued trend toward protectionist policies that will impact the global grain trade in the coming years as well a reduced emphasis on “green” environmental policies that had become prevalent during the past four years.
The following are World Grain’s top 10 stories for 2024.
KANSAS CITY, MISSOURI, US — These are the 12 nations at which World Grain took an in-depth look through its monthly Country Focus series in 2024. Revisit the locations and the perspective they provide on global grain, flour and feed issues: