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Tuesday, 22 January 2013

Ukraine wheat harvest forecast to recover in 2013

Ukraine’s wheat harvest is likely to recover this year to 19 million tons after dropping by a third in 2012 due to drought, according to Agriculture Minister Mykola Prysyazhnyuk, in a recent press conference. Prysyazhnyuk told reporters that farms had sown 6.7 million hectares of winter wheat for the 2013 harvest and that about 92 percent of sprouted crops were in good or satisfactory condition.

“The current situation with winter grains is better than last year and there are no grounds for concern.” Prysyazhnyuk said, “As of today, we forecast a harvest of 19 million tons,” compared to 15.5 million in 2012. Analysts provided higher estimates, which make the ministry’s forecast look pessimistic. UkrAgroConsult consultancy said it expected the 2013 wheat harvest to rise by more than 40 percent to 21 million tons due to favourable weather during autumn sowing and winter. Read more...

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