BR100 Decreased By (-0.07%)
BR30 Increased By (0.06%)
KSE100 Decreased By (-0.02%)
KSE30 Decreased By (-0.04%)
BECO 5.73 Increased By ▲ 0.05 (0.88%)
BML 63.90 Decreased By ▼ -0.94 (-1.45%)
BOP 33.96 Increased By ▲ 0.36 (1.07%)
CNERGY 8.24 No Change ▼ 0.00 (0%)
DCL 11.45 Increased By ▲ 0.10 (0.88%)
FCCL 52.87 Decreased By ▼ -0.04 (-0.08%)
FCSC 5.49 Decreased By ▼ -0.03 (-0.54%)
FFL 17.86 Increased By ▲ 0.06 (0.34%)
FNEL 1.30 No Change ▼ 0.00 (0%)
HUMNL 11.26 Increased By ▲ 0.02 (0.18%)
KEL 7.91 Decreased By ▼ -0.06 (-0.75%)
KOSM 5.56 Increased By ▲ 0.12 (2.21%)
MLCF 86.40 Increased By ▲ 0.39 (0.45%)
NBP 185.18 Increased By ▲ 0.18 (0.1%)
PACE 11.80 Decreased By ▼ -0.22 (-1.83%)
PAEL 40.66 Increased By ▲ 0.45 (1.12%)
PIAHCLA 26.11 Increased By ▲ 0.38 (1.48%)
PIBTL 17.25 Decreased By ▼ -0.07 (-0.4%)
PPL 224.87 Decreased By ▼ -0.43 (-0.19%)
PRL 34.44 Increased By ▲ 0.06 (0.17%)
PTC 65.36 Decreased By ▼ -0.10 (-0.15%)
SEARL 90.80 Increased By ▲ 0.29 (0.32%)
SSGC 26.96 Increased By ▲ 0.20 (0.75%)
TELE 9.33 Increased By ▲ 0.37 (4.13%)
THCCL 68.63 Decreased By ▼ -0.81 (-1.17%)
TPLP 10.92 Decreased By ▼ -0.39 (-3.45%)
TREET 24.89 Increased By ▲ 0.34 (1.38%)
TRG 71.90 Increased By ▲ 0.23 (0.32%)
WAVES 11.15 Decreased By ▼ -0.30 (-2.62%)
WTL 1.27 Decreased By ▼ -0.01 (-0.78%)

Analyst UkrAgroConsult on Tuesday cut its forecast for Ukraine's 2018/19 barley harvest and exports, citing a smaller sowing area caused by a late spring. Ukraine is likely to harvest 7.75 million tonnes of barley this year, while exports would total 4.3 million tonnes, UkrAgroConsult said.
"This year has already been marked with the latest ever spring planting in Ukraine. In Ukraine, this delay is one month against last year. Taking into account the rapid buildup of warmth in Ukraine, growers are very short on time for planting," the consultancy said. UkrAgroConsult said it had cut its forecast for the 2018/19 July-June season barley sowing area by around 6 percent to 2.4 million hectares but said farmers could sow more maize and sunflower.
"If farmers seed a smaller area to spring barley we do not rule out that maize plantings will be expanded to 4.6 million hectares. Nonetheless, maize may also face acreage competition from sunflower," it said. Ukraine harvested 8.3 million tonnes of barley, 24.7 million tonnes of maize and 12.2 million tonnes of sunseed in 2017.

Copyright Reuters, 2018

Comments

Comments are closed for this article.