Ukraine: APK-Inform lowers corn yield forecast

The analyst APK-Inform yesterday lowered its forecast for the Ukrainian corn harvest from 34.8 million tons (previous month's forecast) to 33.8 million tons, citing the unfavorable weather conditions as the reason. The expected average yield of 6.6 tons per hectare is well below the previous year's result of 7.2 tons per hectare. "The reason for the decline in yields is the drought that lasted through August in the critical growth phase for corn," said a report.

Hansa Terminhandel GmbH
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