Analyst raises Ukraine 2014/15 wheat export forecast by 5.3pc

30 Sep, 2014

KIEV: Agriculture consultancy UkrAgroConsult on Tuesday increased its forecast for Ukraine's 2014/15 wheat exports to 10.0 million tonnes from a previous outlook of 9.5 million.

UkrAgroConsult said in a statement that Ukraine had exported 4.4 million tonnes of wheat in the first three months of this season which runs from July to June, or around 40 percent of the volume of wheat available for exports in 2014/15.

It also increase its forecast for Ukraine's wheat harvest this year to 21.62 million tonnes from a July forecast of 21.0 million citing a higher wheat yield.

Copyright Reuters, 2014

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