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USDA in Nov increases estimate of wheat exports by Ukraine by 0.5 mln tonnes
KYIV. Nov 10 (Interfax-Ukraine) – The U.S. Department of Agriculture (USDA) in the November report increased the forecast for the export of Ukrainian wheat in 2021/22 (July-June) by 0.5 million tonnes compared to the previous month – from 23.5 million tonnes to 24 million tonnes, while maintaining the estimate of its harvest at the level of data for October – 33 million tonnes.
The projected world export of wheat will be a record 203.2 million tonnes (3.5 million tonnes more than the USDA data in October), mainly due to the growth of its exports from the EU, India, Russia and Ukraine.
In the November report, the U.S. Department of Agriculture also kept the forecast for the corn harvest in 2021/22 at 38 million tonnes for Ukraine, its exports at 31.5 million tonnes.
