Ukraine Corn Sowing Area Projected to Decreased by 4.5% to 3.86 million Hectares

Maize (Corn)

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In 2024, there is a projected 4.5% decrease in corn sowing area in Ukraine. Estimates suggest a reduction from 4.04 million hectares sown in 2023 to 3.86 million hectares. This adjustment comes as farmers reconsider their planting strategies, due to substantial losses from low corn prices in the previous year. However, transitioning to more profitable soybean cultivation faces challenges due to limited funding availability.