Wheat production in Ukraine projected higher in 2021/22: June USDA report

USDA projects a 0.5 mln t higher wheat production in Ukraine in 2021/22(July 2021-June 2022) — at 29.5 mln t. In its June report, the Agriculture Department forecasts the export of wheat from Ukraine at 20.5 mln t, 0.5 mln t up from the May report.

Wheat ending stocks in Ukraine in 2021/22 are projected to reach 1.55 mln t, which is flat mth/mth.

The world wheat production forecast for 2021/22 was improved by 5.46 mln t to 794.44 mln t. Export projection grew by 0.8 mln t to 203.22 mln t.

The projection for the major wheat exporters in 2021/22 (June vs. May report indicators, mln t):

Country Production Exports Ending stocks
 EU 137.5 (+3.5) 33 11.97 (+2.3)
 Russia 86 (+1) 40 15.53 (+0.45)
 Canada 32 23.5 3.83
 Ukraine 29.5 (+0.5) 20.5 (+0.5) 1.55
 Australia 27 20 4.58 (–0.22)
 Argentina 20.5 13.5 3.06

China's wheat production projection remained at 136 mln t, import at 10 mln t, ending stocks were revised upward by 0.2 mln t to 142.63 mln t.

As of June 9, wheat export from Ukraine dropped by 21% to 16.04 mln t. In the 2020/21 season, wheat shipment from Ukraine is limited to 17.5 mln t.

Learn more:

To learn more about agribusiness in Ukraine, follow us on Facebook, on our channel in Telegram, and subscribe to our newsletter.

Completed withDisqus