Ukraine's grain harvest forecast to drop by 37 pct this year

grain harvest

KIEV, March 9 (Xinhua) -- Ukraine's grain production will drop by 37 percent this year, the Interfax-Ukraine news agency reported Thursday, citing an official forecast.

The National Academy of Agrarian Sciences projected that Ukrainian farmers will reap about 34 million tons of grain in 2023 compared with some 53.9 million tons last year -- a decrease mainly due to the reduction of planted areas and a lack of fertilizers.

Meanwhile, Ukraine's oilseeds harvest is forecast to increase by 13 percent to 19.3 million tons this year.

According to the Ukrainian Agribusiness Club, Ukraine exported some 38.4 million tons of grain and 7.9 million tons of oilseeds in 2022.