Wheat Prices Decline Despite Crop Deterioration in the US

Crop Harvest Almost Completed in Ukraine

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According to the Ministry of Agriculture, harvesting of all agricultural crops has been completed in Ukraine, except for corn, which has been threshed on 88% of the area, reports Graintrade.

As of December 14, 78.3 million tons of grain were collected, including 57.565 million tons of grain crops and 20.74 million tons of oil crops.

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Commodity Crop Harvest 2023
corn  27.389 million tons from 3558 thousand hectares with a yield of 7.7 tons/ha
wheat  22.478 million tons from 4694.5 thousand hectares with a yield of 4.8 tons/ha
barley  5.909 million tons from 1504.5 thousand hectares with a yield of 3.9 tons/ha
peas  399.5 thousand tons from 154.4 thousand hectares with a yield of 2.6 tons/ha
buckwheat  207.4 thousand tons from 139.7 thousand hectares with a yield of 1.4 tons/ha
millet 180 thousand tons from 79.5 thousand hectares with a yield of 2.2 tons/ha
sunflower  11.958 million tons from 5.017 million hectares with a yield of 2.3 tons/ha
soybeans 4.778 million tons from 1.8042 million hectares with a yield of 2.6 tons/ha
rapeseed  4.005 million tons from 1.396 million hectares with a yield of 2.87 tons/ha
other grain and leguminous crops 1002 thousand tons from 340.3 thousand ha
sugar beets 11.8014 million tons from 248 thousand hectares with a yield of 47.6 tons/ha.
Date: 14.12.2023

Grain crops were harvested from an area of 10,471 thousand hectares with an average yield of 5.5 t/ha, and oil crops from an area of 8,217 thousand hectares.

We will remind that USDA experts increased the forecast of the corn harvest in Ukraine in 2023/24 MR by 1 million tons to 30.5 million tons, exports by 1 million tons to 21 million tons, and final stocks by 0.39 to 6.82 million tons

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