August 13, 2013

Ukraine's corn harvest is expected to reach a record of more than 25 million tonnes in 2013, which is 20% higher than 2012, according to Mykola Prysiazhnyuk, the country's Minister of Agrarian Policy and Food of Ukraine.

According to the Ministry, Ukraine, as of July 23, has harvested 23.5 million tonnes of grain, including 17.2 million tonnes of wheat, 5.6 million tonnes of barley and 0.341 million tonnes of rye.

The Ministry of Agrarian Policy forecasts a 2013 grain harvest of 53-54 million tonnes compared to 46.2 million tonnes in 2012. According to the State Statistics Service, corn harvest in Ukraine amounted to 20.9 million tonnes in 2012, which was 8.4% less than in 2011.

At the same time, Ministry of Agriculture experts forecast a drop in compound feed production prices due to the good harvest. It is expected that the average price for pig feed in particular may fall 15% by this autumn.