Ukraine Harvest Getting Bigger

With seemingly just about every country in the world reporting better than expected grain production, Ukraine have thrown their hat into the ring increasing the size of this season's crop from 42-43 MMT to 45 MMT, according to the Agriculture Minister.

Exports in the current marketing year will now total 18-20 MMT, up from earlier estimates of 17 MMT, he says.

These figures are still behind last year's record output of 53.3 MMT and exports of 24.5 MMT, but reflect a trend towards better than expected yields that are being reported across almost the entire northern hemisphere.