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Ukraine's 2024 Grain and Oilseed Harvest Forecast at 73 Million Tonnes

23 May 2024 5:46 pm
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Mumbai, 22 May (Commoditiescontrol): According to a conservative forecast, Ukraine's grain and oilseed harvest in 2024 is expected to reach 73 million tonnes. This announcement was made by Taras Kachka, Deputy Minister of Economy and Trade Representative of Ukraine, during a meeting of the Intergovernmental Ukrainian-Latvian Commission on Economic, Industrial, Scientific and Technical Cooperation, Ukrinform reports.

Kachka also expressed optimism that the actual harvest could surpass this conservative estimate and approach last year's total of 79 million tonnes. This optimistic outlook reflects Ukraine's potential to maintain high levels of agricultural productivity despite current challenges.

Kachka's projection underscores Ukraine's significant agricultural output despite the challenges faced by the sector. This forecast reflects a stable outlook for the country's grain and oilseed production, contributing to global food supply and trade dynamics. The meeting highlighted the ongoing cooperation between Ukraine and Latvia in various economic, industrial, and technical fields, emphasizing the importance of agricultural productivity in Ukraine's economy.

The expected harvest of 73 million tonnes signals Ukraine's resilience and continued role as a key player in the global agricultural market.

By Commoditiescontrol Bureau: 09820130172)


       
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