Ukraine Harvests 9.8 MMT Of Wheat

Ukraine's 2009 wheat harvest was around 50% complete as of July 21st, according to the Agriculture Ministry.

An estimated 3.4 million hectares of wheat had been cut producing 9.8 MMT of wheat (including durum) in bunker weight, they said.

Average yields are coming in at 2.87 MT/ha., 18% down on last year's 3.5 MT/ha.

A final yield of 2.87 MT/ha would give Ukraine a wheat crop of 19.6 MMT in bunker weight.

Although yields are well down, quality is said to be significantly better than in 2008, with most estimates saying that 35-40% of this season's crop will make milling grade, compared to 29% last year.

The barley harvest stood at 5.5 MMT from 2.2 million hectares with an average yield of 2.50 MT/ha. With an estimated planted area of 5 million hectares, that would potentially give us a barley crop of 12.5 MMT this year.

Meanwhile, Ukraine’s grain stocks amounted to 7.3 MMT as of July 1st, 35% above the 5.4 MMT recorded at the same time of last year. Of that wheat stocks comprised 3.4 MMT, barley 1.8 MMT, corn 1.1 MMT and rye 0.4 MMT.