EU estimates a quarter less Ukrainian corn

The European Commission estimates grain maize production in Ukraine at 32 million tons. That is 24% less than last year and 5% below the 5-year average. Ukraine is an important supplier of maize to the European animal feed industry. The hectare yields of maize are above average (+4% compared to the 5-year average), but remain 8% below the level of last year. More importantly, the acreage has decreased by 17% compared to last year. Compared to the 5-year average, cultivation has shrunk by 9% t