Agroinsurance

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Ukraine - Ag Ministry raised its forecast for 2014 grain crop by more than 7%

10.10.2014 222 views

The Agrarian Policy and Food Ministry expects Ukraine’s 2014 crop of cereals and pulses at 64.42 MMT, or up some 7.3% from the previous forecast. In the opinion of Ag Minister Ihor Shvaika, the corn crop is expected at 30 MMT. He added that the forecast figures exclude the Crimean harvest and crop losses in Donbas. In addition, the minister added that this year’s average yield of cereals and pulses is higher than in 2013: 4.39 MT/ha against 3.99 MT/ha, respectively. As reported earlier, the Economic Development and Trade Ministry of Ukraine forecast the 2014 grain crop at 59.93 MMT (excluding Crimea) and the Agriculture Ministry at 60 MMT. According to the Ministry, Ukraine harvested 40.6 MMT of grain from 10.96 Ml ha (74% of area) by September 26. The country harvested a record almost 63 MMT of grain in 2013.

Source - http://www.blackseagrain.net/

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