According to the Ukrainian Ministry of Agriculture, as of August 25, Ukrainian farmers had harvested 6.76 million hectares of grains and legumes, representing 58% of the planned area. Total output reached 31.73 million tonnes, with an average yield of 4.7 tonnes per hectare.
Ukraine is a major global exporter of agricultural products. With the legume harvest reaching 58% of the planned area and yields remaining stable, the outlook for ample legume supplies exerts moderate downward pressure on soybean spot and futures prices.
As a key global wheat exporter, Ukraine has seen grain harvest progress surpass the 50% mark with strong overall yields; the expectation of looser global wheat supplies is exerting moderate downward pressure on wheat spot and futures prices.
Ukraine is a major global corn exporter; the current harvest progress aligns with expectations, and yields are strong. The outlook for abundant corn supplies is exerting moderate downward pressure on corn spot and futures prices.
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