Ukrainian Agriculture Flourishes: Robust Grain Harvest Drives Growth in Corn, Wheat, and Soybeans

Agriculture– Solid Ukrainian grain harvest

Agriculture– Solid Ukrainian grain harvest

Recent numbers from Ukraine’s Agriculture Ministry show that the domestic grain harvest so far this season rose 38% YoY to 55.5mt as of 24 November. This is largely driven by a bumper corn harvest, which rose 84% YoY to 24.9mt. Meanwhile, the wheat harvest increased by 16% YoY to 22.5mt, while soybean harvests stood at 4.8mt, compared to 3.6mt a year ago. While acreage for grains is lower this season, it is more than offset by stronger yields.

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Topics

ukraine corn wheat soybeans agriculture agricultural production grain harvest Crop yield Agriculture Ministry Harvest statistics Ukrainian economy

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