The FINANCIAL — On the eve of 2011/12 grain season the issues concerning the volumes and qualitative parameters of future grain harvest as the basis of the offer article in the supply and demand balances of grains in the new marketing year become especially important.
The grain offers form provision of the domestic market and volumes of the export potential.
To date the opinions of experts and analysts in the evaluation of the gross grain harvest in Ukraine in 2011 vary within the range of 40-48 mln tonnes.
According to the updated forecast of the US Department of Agriculture (USDA), grain production in Ukraine in 2011/12 MY will reach the level of 44.9 mln tonnes, including wheat – 19 mln tonnes, barley – 8.5 mln tonnes, maize – 15 mln tonnes.
The Food and Agriculture Organization of the UN (FAO) declared the forecast for the grain production in Ukraine next season at the level of 44 mln tonnes. According to experts of the organization, wheat production will total 20.2 mln tonnes, barley – 8.8 mln tonnes, maize – 13 mln tonnes.
The official opinion of the Ministry of Agrarian Policy and Food: grain production will possibly exceed the original estimate of 45 mln tonnes and reach 48 mln tonnes.
According to estimations of analysts of APK-Inform Agency, the general grain harvest in 2011 will total 44.8 mln tonnes, including 19.3 mln tonnes of wheat, 8.6 mln tonnes of barley and 14.7 mln tons of maize.
The volume of grain production, supply and demand balances of grains, and price trends for grains in 2011/12 MY will be the prime focus of the analytical forum "Russia-Ukraine-Kazakhstan: start of the grain season", which to be held on July 14, 2011, in Kiev (Hotel Opera).
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