Ukraine Crops Seen Sharply Lower
As reported earlier last week grain and oilseed production in Ukraine is seen sharply lower in 2009/10 due to a combination of adverse weather conditions, reduced inputs and lower seed quality.
UkrAgroConsult forecasts Ukraine to harvest 19.1 MMT of wheat in 2009/10, 21% lower than last season, whilst corn output is seen down even more sharply (-24%) at 7.6 MMT.
A sharp drop in the winter rapeseed crop, which comprises the vast majority of the country's production, will see output 10-20% lower in the coming season, analysts say.
Meanwhile adverse weather conditions and lack of credit see spring grain plantings down by more than half of year ago levels.
UkrAgroConsult forecasts Ukraine to harvest 19.1 MMT of wheat in 2009/10, 21% lower than last season, whilst corn output is seen down even more sharply (-24%) at 7.6 MMT.
A sharp drop in the winter rapeseed crop, which comprises the vast majority of the country's production, will see output 10-20% lower in the coming season, analysts say.
Meanwhile adverse weather conditions and lack of credit see spring grain plantings down by more than half of year ago levels.