APK-Inform cut export potential of Ukrainian corn in 2020/21 MY by 9% to 23 mln tonnes, down 20% compared to the result of 2019/20 MY (28.7 mln tonnes).
The downward revision was based on the same adjustments to the corn crop forecast. APK-Inform decreased its forecast of Ukrainian corn production by 9% to 29 mln tonnes this season, down 19% compared to the preceding MY.
“The export pace of corn in the first months of the season matched these corrections. Ukraine exported 4.9 mln tonnes of corn in October-November, down 6% compared to the same period of 2019/20 MY. Ukraine has already shipped 22% of its export potential this season”, - the experts said.