Nov. 25 (Bloomberg) -- Ukraine’s winter grains had sprouted on 75 percent of the planted areas as of yesterday, according to the country’s Agriculture Ministry.
Winter grains, which mainly consist of wheat, barley and rye, had sprouted on 6 million hectares (15 million acres) of the 8 million hectares planted, the ministry said in an e-mailed statement today.
Winter grains in good condition accounted for 1.7 million hectares, or 28 percent, of the planted area, the ministry said. About 2.4 million hectares, or 40 percent, were satisfactory. Weak and thinned grain plants covered 1.89 million hectares, or 32 percent.
Weather conditions have been “unfavorable” and “critical” for the development of winter grains, the ministry said. In the southern regions of Dnipropetrovsk and Kherson 16 percent and 42 percent respectively had sprouted.
If the harvest is incomplete, as expected, grain prices are seen rising in the second half of the marketing year, which started on July 1, the ministry said.
The country’s Agrarian Fund, which is a state-managed reserve, should stockpile an additional 1.4 million tons of grain to bring the total to 2.5 million tons of wheat and rye, the ministry said.
Winter wheat accounted for 6.5 million hectares of the planted area, according to the agriculture ministry’s data. More than 2 million hectares of grain will be re-seeded in spring.
--Editors: Sharon Lindores, Dan Weeks
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