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This report is intended to capture the estimated changes in the trade of major grains for marketing year (MY)2022/23 resulting from the extension of the Black Sea Grain Initiative for the next 120 days at the end of November 2022. MY2022/23 corn production estimates were updated as well.
The Government of Ukraine (GoU) abolished the existing sugar quota regime, which was coupled with price supports in the form of minimum prices for both refined sugar and sugar beets.
Fluid milk production in Ukraine is expected to decline slightly in 2018 and 2019.
This report contains revised production and trade forecasts for MY2018/2019, as well as updated trade estimates for MY2017/2018.