Ukraine will reduce exports of barley this season

the Decrease in acreage under barley and reduce the yield last season resulted in a reduction of gross yield of barley in Ukraine to 8.6 million tonnes, with exports of barley as of April 11, 2018 amount to 4.1 million tonnes and 772 tonnes yield than last season. Under the 2018 crop year agrarians sowed winter barley 825 thousand hectares, which is 6.4% less than the planned volume. As of April 18 spring barley sown, only some 1.1 million hectares, which is 68% of the plan. The decrease in acreage and delay in sowing of spring barley will reduce the gross yield to 7.9-8 million tons and a corresponding reduction in exports.

For the past 14 years, the acreage under barley in Ukraine decreased two times: from 5.8 million hectares in 2003 to 2.9 million hectares in 2017. Cause is the expansion of acreage under corn, sunflower and soy. The yield for the last 7 years has increased from 2 t/ha to 3.43 t/ha, whereas during the previous 15 years, she remained unchanged. Now, however, it is still twice lower than in the EU, where yields up to 7 t/ha.

Russia continues to increase production and exports of barley. In 2017 the country has attracted 18 million tonnes of barley, and as of April 15, has exported 4.8 million tons, which is 1.6 times more than last season. Given the pace of exports, balances global demand and exports until the end of the season could reach 5.5 million tons.

barley Production in the European Union in 2018/19 MG will be 61.5 million tons, which is 4,2% higher than the harvest 2017/18 MG. The growth of production will occur exclusively thanks to the increase in productivity.

the EU will be able to increase the export of barley-250 thousand tons to 7.25 million tonnes, which is by 32.8% to give the record of the 2015/16 season.

the price of barley, both old and new crop remain at the level of wheat prices with protein 12.5%, and are in the port 190-192 $/t