In 2014/15 MY Ukraine to produce 63.8 mln tonnes of grains — Ministry of Economic Development

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In 2014/15 MY the general grain production in Ukraine (excluding the Crimea) will total 63.798 mln tonnes, up 0.6 mln tonnes compared with the previous forecast, declared the Interdepartmental working group under the Ministry of Economic Development of Ukraine.

In particular, the production of wheat will total 21.102 mln tonnes, rye — 478 thsd tonnes, barley — 9.043 mln tonnes, maize — 28.452 mln tonnes, oats — 612 thsd tonnes, rice — 51 thsd tonnes, buckwheat — 167 thsd tonnes, millet — 178 thsd tonnes, and other grains — 715 thsd tonnes.

As of the beginning of 2014/15 MY, the stocks are estimated at 8.339 mln tonnes. Thus, the total supply of grains will reach 72.431 mln tonnes.

The domestic demand is forecasted at 27.35 mln tonnes of grains, including 11.54 mln tonnes of wheat, 0.497 mln tonnes of rye, 4.721 mln tonnes of barley, 9.199 mln tonnes of maize.

The export is expected to reach 37.79 mln tonnes, including 12.799 mln tonnes of wheat, 33 thsd tonnes of rye, 4.21 mln tonnes of barley, 20.23 mln tonnes of maize.

As of the end of 2014/15 MY, the ending stocks are estimated at 7.291 mln tonnes of grains.