# USDA experts raised their forecast for Black Sea grain crop and exports 13.12.2021 - UkrAgroConsult

> USDA's December report left Ukraine's wheat and barley crop estimates unchanged while raising Ukraine's wheat exports slightly to 24.2 MMT. Ukraine's corn crop and export estimates were raised to 40 MMT and 32.5 MMT, and Russia's wheat crop was lifted by 1 MMT to 75.5 MMT. The Black Sea grain crop rose 1.5% to 206.3 MMT and export potential rose to 115.8 MMT.

- Date: 2021-12-13 · published 2021-12-13T12:00:00.000Z
- Category: report · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/14520-usda-experts-raised-their-forecast-for-black-sea-grain-crop-and-exports-13-12
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

A larger Black Sea corn and wheat export outlook adds supply to world markets, which is mildly bearish for corn and wheat prices and supports feed availability in import markets.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼
- BARLEY: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-06-11 | [Strategie Grains raises EU 2021/22 wheat crop, export forecasts - UkrAgroConsult](https://feedsoft.ai/events/46522-strategie-grains-raises-eu-2021-22-wheat-crop-export-forecasts-ukragroconsult.md) | -6.1% | -4.6% |
| CORN | 2022-01-28 | [EU cuts 2021/22 wheat crop forecast, keeps export outlook 28.01.2022 - UkrAgroConsult](https://feedsoft.ai/events/43077-eu-cuts-2021-22-wheat-crop-forecast-keeps-export-outlook-28-01-2022.md) | +1.3% | +11.5% |
| CORN | 2021-10-13 | [France raises 2021 maize, sugar beet crop estimates, cuts wheat 13.10.2021 - UkrAgroConsult](https://feedsoft.ai/events/44479-france-raises-2021-maize-sugar-beet-crop-estimates-cuts-wheat-13-10-2021.md) | +0.9% | +10.7% |
| CORN | 2022-07-12 | [Grain markets hit hard after slightly bearish USDA report. Tuesday, July 12, 2022 13.07.2022 - UkrAgroConsult](https://feedsoft.ai/events/40432-grain-markets-hit-hard-after-slightly-bearish-usda-report-tuesday-july-12-2022.md) | -13.6% | -16.3% |
| CORN | 2021-04-13 | [USDA decided to revise its Black Sea grain export estimates](https://feedsoft.ai/events/47478-usda-decided-to-revise-its-black-sea-grain-export-estimates.md) | +1.5% | +23.9% |
| WHEAT | 2021-06-11 | [Strategie Grains raises EU 2021/22 wheat crop, export forecasts - UkrAgroConsult](https://feedsoft.ai/events/46522-strategie-grains-raises-eu-2021-22-wheat-crop-export-forecasts-ukragroconsult.md) | +5.0% | -5.4% |
| WHEAT | 2022-01-28 | [EU cuts 2021/22 wheat crop forecast, keeps export outlook 28.01.2022 - UkrAgroConsult](https://feedsoft.ai/events/43077-eu-cuts-2021-22-wheat-crop-forecast-keeps-export-outlook-28-01-2022.md) | -1.8% | +2.3% |
| WHEAT | 2019-07-15 | [Black Sea origins set for fast start to export season: USDA - Grain Central](https://feedsoft.ai/events/58141-black-sea-origins-set-for-fast-start-to-export-season-usda-grain-central.md) | -0.5% | -3.1% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/usda-experts-raised-their-forecast-for-black-sea-grain-crop-and-exports/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.