In 2012/13 MY Ukraine to reduce grain harvest by 19% compared to 2011 – APK-Inform

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APK-Inform

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According to forecasts of APK-Inform Agency, in 2012/13 MY Ukraine is expected to reduce the general grain harvest by 19% compared to 2011 - to 46.14 mln tonnes, announced Rodion Rybchinskiy, Head of the business-projects department of APK-Inform Agency, at the eleventh international conference "Grain Forum - 2012" on June 8.

According to him, in the next MY Ukraine should expect for reduction of the domestic food consumption of grains by 4% compared to the present year. In the current MY the domestic consumption of milling grains totals 5.56 mln tonnes, in the next MY the index will reduce to 5.35 mln tonnes.

At the same time, Ukraine will increase usage of grains in the alcohol industry, due to the fact that the Government accepted the draft law, according to which since January 1, 2013, ethanol content in fuel must be at least 5%.

At the same time, R.Rybchinskiy noted that Ukraine to face reduction of feed usage of wheat and barley in the terms of rising of maize and soybean meal usage for feed aims.

The expert also noted that the export volumes of Ukrainian grains in the following season are forecasted at the level of 23.8 mln tonnes, up 4% compared to the exports expected in 2011/12 MY.

As a reminder, on June 6, 2012, the eleventh international conference "Grain Forum – 2012", organized by APK-Inform Agency, began its work in Yalta.The event was supported by the Ministry of Agrarian Policy and Food of Ukraine and the Ukrainian Grain Association.

The conference ended its work on June 8, 2012.

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