Ukraine winter wheat sowing seen unchanged despite export crisis
Reuters
Reuters exclusively reported that Ukrainian farmers are not expected to reduce the area of winter wheat they sow for the 2024 harvest despite higher logistics costs due to the wartime export crisis. Ukraine is a major wheat producer and the demise of the Black Sea corridor used to safely export grain during the war spurred speculation that farmers could sow less wheat because of shrinking profit margins due to costlier export routes. However, First Deputy Agriculture Minister Taras Vysotskiy told Reuters on Tuesday that the possible reduction of winter wheat may total only 0.1%.
The post Ukraine winter wheat sowing seen unchanged despite export crisis appeared first on Reuters News Agency.