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For 2020/21 oilseeds will remain a top choice for Ukrainian farmers due to higher profitability compared to grains.
Ukraine harvested a record-breaking volume of wheat and barley for MY2019/20, while corn production was similar to the MY2018/19 volume.
Ukraine introduced export restrictions for wheat at 20.2 million metric tons (MMT) until the end of marketing year (MY)2019/20.
Ukraine is a developing country with a market-oriented economy. Following several years of recovery from the 2014 – 2015 economic crisis, the retail food sector has recently demonstrated slow growth.
Specialists from the USDA Foreign Agricultural Service traveled to Kyiv in early April to conduct interviews with agricultural officials and private commodity analysts in order to assess Ukrainian crop-production prospects for 2014. The observations...