March 20, 2013


Ukraine's corn, wheat stocks decline


As compared to that of the previous year, the stock of wheat and corn has declined in Ukraine early this year.


According to the data presented by the nation's Agriculture Ministry, stocks of wheat reduced to 6.5 million tonnes early this month compared to the wheat stock during March 1, 2012, which was 8.1 million tonnes.


As per the data presented by the government, corn stock has reduced to 9.5 million tonnes early this month when compared to the previous year.


The total grain stocks were 22 million tonnes as of early March, against 21 million tonnes in the previous year.


In addition, the ministry estimated domestic demand at about 9.7 million tonnes from March through June.

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