The Ministry of Agriculture of Ukraine and grain traders have agreed that the export of corn from Ukraine will be a maximum of 24 million tons in 2020/21.
According to the forecast of IHS Markit Agribusiness (formerly IEG Vantage), the area planted with corn in the US will reach 38.1 million hectares in 2021, which is 1.3 million hectares higher than the December estimate. Areas planted with corn were 36.8 million hectares in 2020.
According to the forecast of S&P Global Platts Analytics, soybean imports to China will reach 110 million tons in 2021/22 - a new record for the country.
On 25.01.2021, representatives of the Ukrainian government and traders will discuss the need to introduce restrictions on the export of corn from Ukraine.
