Ukraine To Plant Wall To Wall Corn

Posted by Nogger - a legend in his own mind at 09:12 | Categorized as

22/03/12 -- Only 24 hours after Ukraine's Ag Minister said the the country could plant a record 4.3-4.5 million hectares of corn this spring the head of the ministry's planting department said that plantings could rise to 4.5-4.8 million hectares this year.

Not to be outdone, Interfax-Ukraine are now saying that the area sown with corn may increase 38 percent to a whopping 5 million hectares. If it does and they were to match last season's yields then Ukraine would end up with a corn crop of 32 MMT, half of the production of the whole of Europe!

You don't have to be a genius to figure out that Ukraine could well end up being extremely aggressive sellers of corn come the back end of 2012.

Winter crop losses will see spring wheat plantings rise 23 percent to 350,000 hectares and spring barley will be sown on 3.2 million hectares, an increase of 24 percent on last year, Interfax-Ukraine add.