KYIV, April 12 – The U.S. Department of Agriculture (USDA) in the updated global forecast balance of major crops for March increased the forecast for corn exports from Ukraine in the 2022/2023 marketing year (MY, July-June) by 2 million tons compared to the data for February - to 25.5 million tons from 23.5 million tons, and wheat - by 1 million tons, up to 14.5 million tons from 13.5 million tons.

According to the updated USDA forecasts, in the 2022/2023 MY, Ukraine's indicators for the production of wheat and corn remain at the level of the previous forecast - 21 million tons and 27 million tons, respectively.