# Black Sea Region: USDA estimates gradually nearing market ones - UkrAgroConsult

> USDA's July update raised Ukraine's 2021/22 wheat production and export forecasts by 0.5 million tonnes to 30 and 21 million tonnes, and cut Russia's wheat crop by 1 million tonnes to market expectations. Kazakhstan's wheat production and export estimates were lowered, leaving the Black Sea grain crop 0.74% lower at 214.2 million tonnes.

- Date: 2021-07-13 · published 2021-07-13T12:00:00.000Z
- Category: report · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/45910-black-sea-region-usda-estimates-gradually-nearing-market-ones-ukragroconsult
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A slightly smaller Black Sea crop and tighter Kazakh supply modestly support wheat prices, while higher Ukrainian exports partly offset the tightening.

## Read by commodity

- CORN: neutral
- WHEAT: bullish ▲
- BARLEY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-10-19 | [In October, the USDA reduced its grain crop and export forecasts for the Black Sea region 19.10.2021 - UkrAgroConsult](https://feedsoft.ai/events/44402-in-october-the-usda-reduced-its-grain-crop-and-export-forecasts-for-the-black.md) | +0.7% | +9.2% |
| WHEAT | 2021-12-15 | [Adjusting to USDA Estimates in a Record-Setting Marketing Year](https://feedsoft.ai/events/43646-adjusting-to-usda-estimates-in-a-record-setting-marketing-year.md) | +4.2% | +7.4% |
| WHEAT | 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) | +0.6% | +8.2% |
| WHEAT | 2020-01-15 | [Markets react as USDA reduces production estimates \| The Rural \| Wagga Wagga, NSW](https://feedsoft.ai/events/55031-markets-react-as-usda-reduces-production-estimates-the-rural-wagga-wagga-nsw.md) | +0.0% | -5.4% |
| WHEAT | 2021-08-13 | [Prairie Wheat Weekly: USDA estimates raise wheat bids - MarketsFarm](https://feedsoft.ai/events/45610-prairie-wheat-weekly-usda-estimates-raise-wheat-bids-marketsfarm.md) | +1.6% | +3.2% |
| CORN | 2021-07-13 | [USDA raises U.S. soybean ending stocks, corn unchanged - UkrAgroConsult](https://feedsoft.ai/events/46003-usda-raises-u-s-soybean-ending-stocks-corn-unchanged-ukragroconsult.md) | -10.7% | -12.3% |
| CORN | 2025-09-11 | [Grains rise on short covering as markets brace for USDA yield revisions - Brownfield Ag News](https://feedsoft.ai/events/7570-grains-rise-on-short-covering-as-markets-brace-for-usda-yield-revisions.md) | +6.1% | +4.5% |
| CORN | 2022-01-18 | [USDA estimates ‘I’ state records – AgriNews](https://feedsoft.ai/events/13395-usda-estimates-i-state-records-agrinews.md) | +2.5% | +9.1% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/black-sea-region-usda-estimates-gradually-nearing-market-ones/

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