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IGC raised its forecast of maize production in Ukraine by 14%

IGC raised its forecast of maize production in Ukraine by 14%

Posted in News.

Ukraine in 2016/17 MY will increase corn production by 13.7% to 26.5 million tons (23.3 million tons in 2015/16 MY).
This is in accordance with the November forecast of the International grains council (IGC) writes Latifundist.com.
However, exports of corn will increase from 16.7 million tonnes in the 2015/16 marketing year to 19 million tonnes in 2016/17 marketing year (2.3 million tons).
According to the report, the total supply of maize in 2016/17 MY will amount to 27.4 million tonnes, 1.9 million tonnes over 2015/16 MY.
Recall, that the largest producers of corn in the world are the US, China, Brazil, the EU, Argentina, Mexico and Ukraine.

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