Ukraine's wheat exports to drop to 10-year low, US Agriculture Department says
Ukraine's wheat exports in the marketing year 2024-2025 are expected to amount to 13 million metric tons, the lowest figure in the past decade, the U.S. Agriculture Department said in its June report. The authors linked this development to a drop in production and to Russia's disruption of Black Sea shipping lanes, which have traditionally been Ukraine's key export routes. The report also estimated Ukraine's wheat production in the upcoming marketing year at 19.5 million metric tons, a 3.5-million decrease compared to last year's harvest. Ukraine is one of the world's leading agricultural prod...