12 Aug

ASAP Agri made upward revision of Ukraine’s wheat crop in 2024, owing to improved yield, as it is evident from the harvesting campaign. In particular, the crop now pegged at 21.3 MMT up 2 MMT to our Jul projection.
Wheat export potential in Ukraine we now peg at around 14,6 MMT vs 13 MMT before. However, this is still significantly lower than LY (18.4 MMT), due to low carry-in stocks.
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