Ukraine: Grain and Feed Update
Ukraine’s sale of grains continues as the risk of political interference, which had diminished perspectives for the next marketing year (MY) crop are finally quelled. Grain stocks in the last months of 2014 remained above 2013 due to a good crop and somewhat sluggish exports which expected to intensify in the remaining months of 2014/15 MY. Winter crops have been planted in favorable fall weather and remain in good condition as of early February. Ukraine’s political developments had a limited impact on production and trade. However, producers suffer from increases to the costs of inputs as a result of a severely devaluated national currency.