Thursday, 17 July 2014

Ukraine harvest update

Good weather is allowing Ukraine’s harvest to keep up a head of steam.

To date 4.3mha or 44% of the early harvest has been gathered producing 13.0mmt giving a respectable 3.04mt/ha.

I say respectable, actually it’s low when compared to Europe (Ukraine ranks 24 out of 27 EU countries) but it is up on last year at the same date and it beats six of the last ten years in Ukraine so not a complete washout.

I can't help but think what the impact would be if Ukraine did consistently up it's grain yield by a modest and perfectly achievable 20% or so.

There is a lot of low hanging fruit to aim at to get national yields moving north but as an example take a look at the fertiliser.

Now I know this doesn't explain the full story particularly during the late Soviet era but to me it paints a fairly stark and straightforward picture; Ukraine is using nowhere near the amount of fertliser it should be.

Anyhoo, latest harvest figures are 2.6mha of wheat yielding 3.24mt/ha; 1.6mha barley at 2.77mt/ha; 7.6kha rye at 2.08mt/ha (that’s why you shouldn't grow rye); 187kha peas at 2.12mt/ha and 476kha oilseed rape giving 2.01mt/ha.

Keep up the good work fella's.