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.
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.