Wheat yields 50% lower from last season's initial indicators — Agritel
The average wheat yield at the start of the harvest in Ukraine is 50% lower than the first yields in 2019, Agritel writes.
"Stormy rains last week in the southern regions deepened the harvest delay. Yields show better results on barley as harvest progresses. The figures published this Friday will certainly bring more positive elements," the report reads.
The harvest pace is behind last season in the Black Sea basin, analysts say. In Ukraine, at the end of last week, 289 000 ha of barley and 110 000 ha of wheat were harvested compared to 1 012 000 ha and 750 000 ha respectively last year.
As reported, in Russia, the delay is also registered, especially in wheat with less than 3 Mha harvested against 4.5-5 Mha last year. The average yield is rising rapidly with the cuts, despite the fact that it is 20% down compared to last year for the same harvested area.
Follow the updates with the Harvest Online 2020 project.
Refinitiv analysts reduced the forecast for wheat harvest in Ukraine in 2020/21 by 2% to 26.3 mln t compared to the previous forecast as a result of hot and dry weather in the central and northern regions of the country.