“Phenomenal yields” are pushing Ukraine’s wheat harvest to an all time record this summer

, the Canada-based Western Producer news site reports in an article headlined: “Ukraine shines as Black Sea wheat takes hit.” Russia’s harvest may drop 4% to 82 million tons and Kazakhstan production is to fall to 12 million tons. In contrast, Grain Trade Ukraine predicts a 32 million ton crop for Ukraine – 11% higher than the previous record: 28.8 million tons in 2019.

Helping to cut food inflation, no area in Ukraine is threatened by drought this summer,

Tetyana Adamenko, head of the agro weather department of Ukraine’s Hydrometeorological Center, told Interfax-Ukraine yesterday. “The situation is very good, the soil is an excellent source of moisture,” she said, citing a key factor for crops. “There are almost no areas threatened by drought, which is unusual for Ukraine in the last decade.”

Ukraine, the world’s largest sunflower oil exporter, is expected to increase sun oil exports by 17% in the upcoming marketing year, to 6.5 million tons.

With cooking oil price hikes pushing up Ukraine’s March inflation, the Economy Ministry and the Ukroliyaprom Trade Association agreed Monday to limit sunflower oil exports to 5.38 million tons in the marketing year that ends August 31. Due to high cooking oil prices worldwide, Ukraine’s sunflower oil sales in calendar year 2020 were $5.3 billion, a 24% increase over 2019 sales.