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Forecast on the domestic consumption of cereals

Forecast on the domestic consumption of cereals

Forecast on the domestic consumption of cereals

Analysts have reduced the forecast amount of grain for domestic consumption. Now this figure is 22.7 million tons, which is 3.6% less than in the previous marketing year and 1.2% less than the indicator of November of the current marketing year.

Such information was provided by APK-Inform.

For food needs, the required amount is predicted at 4.6 million tons, while forecasts for feed needs have been reduced to 13.4 million tons. It was made because of a new trend in the production of feed.

Forecasts for wheat consumption are 10.3 million tons, which is 1.9% less than the indicator of the previous marketing year. The indicators for barley consumption are expected at 3.8 million tons, which is 4.9% less than the indicator of the previous marketing year. And also, forecasts for corn consumption are expected at 6.8 million tons, which is slightly more than 6% higher than in the previous marketing year.

It should be recalled than during 12 months of 2017 4.86 million tons of barley were exported from Ukraine. The cost of export was just over 710.5 million dollars.

The forecast for the consumption of grain crops in the country plays an important role for agricultural enterprises and the economy as a whole. On the COM3S page, you will find forecast data to help you understand expected consumption and its impact on the market.

Forecasts are developed based on the analysis of various factors, including domestic demand, international trade, weather conditions, changing consumer preferences and economic trends. They help predict changes in cereal consumption and adapt production plans and strategies.

The crop consumption forecast provides valuable information for decision making in agriculture, trade and logistics. It allows you to plan supplies, optimize production and use resources efficiently.

COM3S offers reliable predictive data and analytics to help you stay ahead of the changes in the grain crop market. We offer information to help you make informed decisions and successfully manage your farming business.