Ukraine’s Ministry of Agriculture announced on June 14 that it has raised its grain production forecast by 7% for the upcoming 2024-25 marketing year, which begins July 1.
Taras Vysotskiy, acting minister of agriculture, said in a press release that output in the war-torn nation was revised higher to 56 million tonnes, compared to 52.6 tonnes in the previous estimate. The projection includes 21 million tonnes of wheat, 28.5 million tonnes of corn and 5 million tonnes of barley.
He also noted that total agricultural exports, which includes grains, oils and oilseeds, are expected to surpass 60 million tonnes. That total would include 25 million tonnes of corn and 15 million tonnes of wheat.
Despite Russia’s attacks on Ukrainian grain export infrastructure since its invasion in February 2022, Ukraine has managed to maintain respectable grain export totals. According to data from the Foreign Agricultural Service of the US Department of Agriculture, Ukraine is still the world’s fourth-ranked corn exporter and sixth-ranked wheat exporter in 2023-24.
