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Wednesday, August 20, 2008

Ukraine Anticipates Largest Harvest In 10 Years

According to the Ukraine State Statistic Committee, as of August 1, 4,495,000 hectares of wheat had been harvested. This brings production to 16,544,000 tons with a yield of 3.68 tons/ha. The wheat production area is up by 24% and the yield by 47% compared to the same date of last year.

The barley harvested area is 2,857,000 hectares, production is estimated at 8,945,000 tons with a yield of 3.13 tons/ha. The barley production area is up by about 40% with about double the yield obtained last year.

Export

Following the cancellation of grain export quotas, export volumes increased significantly in June and July 2008. Official Ukrainian statistics show grain exports in June 2008 totaled; wheat = 483,000 tons, barley = 413,000 tons and corn = 486,000 tons. Total July-June wheat exports totaled 911,000 tons; barley exports totaled 1,040,000 tons and corn 1,600,000 tons. Official Ukrainian statistics show grain exports in June 2008 totaled; wheat = 600,000 tons, barley = 800,000 tons and corn = 274,000 tons. Please refer to the grain export tables (by month and destination) in the Statistical Tables Section.


June 2008 grain stocks are 44% higher than June 2007 grain stock levels. According to inland silo industry information, silos are currently at full capacity, much higher levels than for an average year. The owners of these silos are also expecting to have some difficulties accommodating grain from the new record high crop. The storage capacity of inland silos is estimated to be approximately 25-28 million tons for all crops, including oilseeds. Total 2007/2008 grain stocks amounted to 6.7 million tons on June 1 and about 0.7 million tons of oilseeds.