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USDA upgrades its Ukrainian maize 2018/19 export still by 0.5 million tons
10.04.2019 15:24 "Agro Perspectiva" (Kyiv) —
As to the USDA (United States Department of Agriculture) Apr 2019 report, the USDA has improved its forecast for the Ukrainian maize 2018/19 export still by additional 0.5 million tons, up to 29.5 million tons.
As to the report, the USDA estimates the Ukrainian maize 2018/19 export to total 165.825 million tons.
Reportedly, the USDA estimates the Ukrainian maize 2018/19 crop as much as 35.8 million tons.
It is to be reminded, the Ukrainian 2018 maize total crop boosted to 35.8 million tons, up against 2017.
As of 2017, Ukrainian maize cultivation (for grain) profitability declined to 23.7%, down against 45.7% as of 2016.
It is to be admitted, the Ukrainian 2017 maize total crop was just 24.108 million tons (average yield - 54.4 metric centners per ha).
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