You are here
Ukraine milling wheat harvest to decline this year, analysts say
KYIV, Aug 1 (Reuters) - The share of milling wheat in Ukraine's overall wheat harvest may drop to around 40%, analyst APK-Inform said on Saturday.
The consultancy gave no comparison to the 2019 crop, while analysts and traders last year said the share of milling wheat was likely to rise to as much as 70% in 2019 from around 55% in 2018 due to hot and dry weather.
Ukraine, the world fourth-largest wheat exporter, may harvest 24.5 million tonnes of wheat this year compared with 28.3 million tonnes in 2019, according to weather forecasters. The government gave no wheat crop forecast for 2020.
Ukraine has harvested 12.8 million tonnes of wheat as of July 24. (Reporting by Pavel Polityuk; Editing by Mike Harrison)
© Copyright Thomson Reuters 2020. Click For Restrictions - http://about.reuters.com/fulllegal.asp