Corn+Soybean Digest
Former Soviet Union becoming 2 world corn exporterThe former Soviet Union could be exporting more than 1 billion bushels of corn annually by 202324 according to USDA projections Most of the increase is expected to come from Ukraine

Former Soviet Union becoming #2 world corn exporter?

The former Soviet Union could be exporting more than 1 billion bushels of corn annually by 2023/24, according to USDA projections. Most of the increase is expected to come from Ukraine.

Corn exports strong in Ukraine, despite conflict

Think different Ukraine’s production outlook is steady for corn. Soybeans may set a new record. Ukraine is targeting markets such as China, Vietnam and Saudi Arabia to diversify its corn exports. Russia and Ukraine have more wheat and barley available for export. Both crops can compete with U.S. corn for export feed markets.

Sanctions and trade disruptions in the ongoing Ukraine-Russia dispute have yet to hamper Ukraine’s corn exports, which the U.S. Department of Agriculture (USDA) estimates at almost 800 million bushels for the 2013/14 marketing year.

Russia and Ukraine also have larger barley and wheat crops for export this year. Both crops can compete with corn for export feed markets.

“I don’t see the Black Sea Region not being a competitor for export markets this y

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