UGA Cuts Ukraine’s 2024 Grain and Oilseeds Crop Forecast to 71.8 Million Tons

The Ukrainian grain traders union (UGA) has revised its forecast for the 2024 combined grain and oilseeds crop, reducing it by 2.8 million metric tons to a total of 71.8 million tons. This adjustment is attributed to adverse weather conditions, specifically a heatwave affecting crop yields.

The forecast breakdown includes:

Corn: 23.4 million tons
Wheat: 19.8 million tons
Barley: 4.95 million tons
Sunseed: 12.8 million tons
Soybeans: 4.8 million tons
Rapeseed: 4.3 million tons

UGA Cuts Ukraine’s 2024 Grain and Oilseeds Crop Forecast to 71.8 Million Tons
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